CFS Investment Advisory Services LLC Sells 27,333 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

CFS Investment Advisory Services LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 59.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,875 shares of the exchange traded fund’s stock after selling 27,333 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $2,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at about $102,200,000. Envestnet Asset Management Inc. boosted its stake in shares of iShares TIPS Bond ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after purchasing an additional 410,284 shares in the last quarter. International Assets Investment Management LLC increased its holdings in iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares during the period. Quotient Wealth Partners LLC raised its stake in iShares TIPS Bond ETF by 6,782.8% in the second quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after buying an additional 365,458 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in iShares TIPS Bond ETF by 192.4% during the 1st quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock valued at $45,402,000 after acquiring an additional 278,153 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $107.69 on Friday. The firm has a market capitalization of $18.68 billion, a P/E ratio of 11.86 and a beta of 0.09. The business’s 50-day moving average is $109.09 and its 200 day moving average is $108.05. iShares TIPS Bond ETF has a 1 year low of $104.19 and a 1 year high of $111.06.

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).