Axos Invest Inc. Sells 1,441 Shares of iShares TIPS Bond ETF $TIP

Axos Invest Inc. cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,880 shares of the exchange traded fund’s stock after selling 1,441 shares during the quarter. iShares TIPS Bond ETF makes up 4.6% of Axos Invest Inc.’s portfolio, making the stock its 6th largest position. Axos Invest Inc.’s holdings in iShares TIPS Bond ETF were worth $6,149,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Grey Fox Wealth Advisors LLC increased its holdings in iShares TIPS Bond ETF by 0.9% during the 1st quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock worth $1,284,000 after purchasing an additional 98 shares in the last quarter. Northwest Wealth Management LLC boosted its position in shares of iShares TIPS Bond ETF by 1.1% during the second quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock valued at $1,029,000 after buying an additional 101 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in iShares TIPS Bond ETF by 25.7% during the second quarter. Strategic Investment Solutions Inc. IL now owns 509 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 104 shares in the last quarter. Country Club Bank grew its holdings in iShares TIPS Bond ETF by 4.2% during the first quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock worth $326,000 after buying an additional 118 shares in the last quarter. Finally, CWC Advisors LLC. raised its position in iShares TIPS Bond ETF by 1.4% in the 1st quarter. CWC Advisors LLC. now owns 8,962 shares of the exchange traded fund’s stock valued at $996,000 after buying an additional 123 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.3%

Shares of NYSEARCA:TIP opened at $111.17 on Wednesday. The stock has a market cap of $14.01 billion, a PE ratio of 12.40 and a beta of 0.19. The stock’s fifty day simple moving average is $110.91 and its two-hundred day simple moving average is $109.83. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $112.26.

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).