iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by EP Wealth Advisors LLC

EP Wealth Advisors LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,311 shares of the exchange traded fund’s stock after selling 1,509 shares during the period. EP Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $2,613,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $27,000. Trifecta Capital Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at about $27,000. Life Planning Partners Inc acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $30,000. Covestor Ltd purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $33,000.

iShares TIPS Bond ETF Trading Up 0.1 %

TIP stock traded up $0.13 during trading on Friday, reaching $106.90. The stock had a trading volume of 1,395,643 shares, compared to its average volume of 2,106,989. The firm has a fifty day moving average price of $106.16 and a 200 day moving average price of $106.57. The company has a market capitalization of $18.55 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $108.54.

iShares TIPS Bond ETF 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).