Transcend Capital Advisors LLC Sells 381 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Transcend Capital Advisors LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,989 shares of the exchange traded fund’s stock after selling 381 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $318,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TIP. FMR LLC raised its stake in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. raised its stake in iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after buying an additional 536,610 shares during the period. International Assets Investment Management LLC raised its stake in iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the period. SG Americas Securities LLC raised its stake in shares of iShares TIPS Bond ETF by 25,645.3% in the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after purchasing an additional 272,866 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth approximately $18,602,000.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $108.92 on Monday. The company has a market cap of $18.90 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The business 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).