Sigma Planning Corp Reduces Stock Holdings in iShares TIPS Bond ETF $TIP

Sigma Planning Corp lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,519 shares of the exchange traded fund’s stock after selling 1,191 shares during the quarter. Sigma Planning Corp’s holdings in iShares TIPS Bond ETF were worth $3,248,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Daymark Wealth Partners LLC boosted its stake in iShares TIPS Bond ETF by 1.3% during the second quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock worth $764,000 after buying an additional 92 shares during the period. Lyell Wealth Management LP boosted its stake in iShares TIPS Bond ETF by 0.4% during the second quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock worth $2,675,000 after buying an additional 95 shares during the period. Grey Fox Wealth Advisors LLC boosted its stake in iShares TIPS Bond ETF by 0.9% during the first quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock worth $1,284,000 after buying an additional 98 shares during the period. Northwest Wealth Management LLC boosted its stake in 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 worth $1,029,000 after buying an additional 101 shares during the period. Finally, Strategic Investment Solutions Inc. IL boosted its stake 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 during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $110.94 on Tuesday. The firm has a market cap of $14.13 billion, a PE ratio of 12.40 and a beta of 0.26. The company has a 50-day moving average of $111.44 and a two-hundred day moving average of $110.11. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $112.26.

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).