TRUE Private Wealth Advisors Has $827,000 Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

TRUE Private Wealth Advisors cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,696 shares of the exchange traded fund’s stock after selling 3,191 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares TIPS Bond ETF were worth $827,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of TIP. Baldwin Brothers LLC MA raised its stake in shares of iShares TIPS Bond ETF by 19.0% during the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock worth $34,443,000 after purchasing an additional 51,104 shares in the last quarter. Frontier Asset Management LLC raised its stake in shares of iShares TIPS Bond ETF by 10.6% during the 3rd quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock worth $11,800,000 after purchasing an additional 10,890 shares in the last quarter. Wealthspire Advisors LLC raised its stake in shares of iShares TIPS Bond ETF by 10.0% during the 3rd quarter. Wealthspire Advisors LLC now owns 5,027 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 456 shares in the last quarter. Ellis Investment Partners LLC raised its stake in shares of iShares TIPS Bond ETF by 0.6% in the 3rd quarter. Ellis Investment Partners LLC now owns 30,989 shares of the exchange traded fund’s stock valued at $3,214,000 after acquiring an additional 199 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of iShares TIPS Bond ETF by 86.1% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock valued at $468,000 after acquiring an additional 2,014 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock traded up $0.20 during trading on Wednesday, reaching $105.55. The company had a trading volume of 843,576 shares, compared to its average volume of 2,196,597. The firm’s 50 day simple moving average is $106.61 and its two-hundred day simple moving average is $105.79. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $110.88. The company has a market capitalization of $18.53 billion, a PE ratio of 11.92 and a beta of 0.09.

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).