Cutter & CO Brokerage Inc. Sells 437 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Cutter & CO Brokerage Inc. cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,030 shares of the exchange traded fund’s stock after selling 437 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in iShares TIPS Bond ETF were worth $536,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GPS Wealth Strategies Group LLC lifted its holdings 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 worth $52,000 after buying an additional 100 shares during the period. FC Advisory LLC lifted its holdings in iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after buying an additional 110 shares during the period. Chicago Partners Investment Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 117 shares during the period. Colony Family Offices LLC lifted its stake in shares of iShares TIPS Bond ETF by 7.0% in the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock valued at $225,000 after purchasing an additional 133 shares during the period. Finally, TI Trust Inc. lifted its stake in shares of iShares TIPS Bond ETF by 0.7% in the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after purchasing an additional 147 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $109.62 on Wednesday. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. The business’s 50-day moving average is $107.47 and its 200-day moving average is $108.44. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).