iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,889 shares of the exchange traded fund’s stock after selling 1,907 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $841,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. raised its position in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. boosted its stake in shares of iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after buying an additional 536,610 shares during the period. Assetmark Inc. grew its position in shares of iShares TIPS Bond ETF by 1,852.1% during the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after buying an additional 1,378,094 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares TIPS Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after buying an additional 52,479 shares during the period.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:TIP opened at $110.00 on Wednesday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The firm’s 50 day moving average price is $108.81 and its 200 day moving average price is $108.56. The stock has a market cap of $14.32 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).