iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Position Lowered by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,674 shares of the exchange traded fund’s stock after selling 1,042 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $5,506,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter worth about $37,000. Kestra Investment Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $45,000. GPS Wealth Strategies Group LLC grew its stake in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares during the last quarter. Centricity Wealth Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $82,000. Finally, Eagle Bay Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $96,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $108.92 on Monday. The stock has a market capitalization of $18.90 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a 50 day moving average price of $107.40 and a 200 day moving average price of $108.42.

iShares TIPS Bond ETF Company Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).