iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Full Sail Capital LLC

Full Sail Capital LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% during the fourth quarter, Holdings Channel reports. The fund owned 69,238 shares of the exchange traded fund’s stock after selling 1,266 shares during the quarter. Full Sail Capital LLC’s holdings in iShares TIPS Bond ETF were worth $7,377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake 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 worth $318,257,000 after buying an additional 51,713 shares during the last quarter. Sterling Financial Planning Inc. boosted its position in shares of iShares TIPS Bond ETF by 70.6% in the fourth quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after acquiring an additional 10,345 shares during the last quarter. Merit Financial Group LLC grew its holdings in iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after purchasing an additional 3,183 shares during the period. M&T Bank Corp increased its position in iShares TIPS Bond ETF by 7.1% during the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock worth $4,788,000 after purchasing an additional 2,993 shares during the last quarter. Finally, SigFig Wealth Management LLC raised its stake in iShares TIPS Bond ETF by 5.5% during the fourth quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after purchasing an additional 1,491 shares during the period.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of NYSEARCA TIP opened at $109.08 on Friday. The stock has a market capitalization of $13.93 billion, a PE ratio of 12.22 and a beta of 0.29. The firm has a fifty day moving average of $109.54 and a 200-day moving average of $108.46. iShares TIPS Bond ETF has a 52-week low of $104.69 and a 52-week high of $111.51.

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).