iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Position Cut by Evoke Wealth LLC

Evoke Wealth LLC decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.6% during the fourth quarter, Holdings Channel reports. The firm owned 1,101,020 shares of the exchange traded fund’s stock after selling 7,060 shares during the quarter. iShares TIPS Bond ETF comprises about 3.3% of Evoke Wealth LLC’s holdings, making the stock its 8th biggest position. Evoke Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $117,314,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC raised its stake in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 100 shares during the last quarter. FC Advisory LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares during the period. Colony Family Offices LLC increased its position in iShares TIPS Bond ETF by 7.0% during the third quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 133 shares during the last quarter. TI Trust Inc. lifted its holdings in iShares TIPS Bond ETF by 0.7% in the fourth quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after acquiring an additional 147 shares during the period. Finally, Jacobi Capital Management LLC boosted its position in iShares TIPS Bond ETF by 1.4% in the fourth quarter. Jacobi Capital Management LLC now owns 10,785 shares of the exchange traded fund’s stock worth $1,149,000 after purchasing an additional 151 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $109.45 on Tuesday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company’s fifty day simple moving average is $108.37 and its 200-day simple moving average is $108.52. The stock has a market capitalization of $14.25 billion, a PE ratio of 12.32 and a beta of 0.28.

About iShares TIPS Bond ETF

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).