Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,978 shares of the exchange traded fund’s stock after selling 735 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares TIPS Bond ETF were worth $318,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Greenleaf Trust acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $378,000. RWA Wealth Partners LLC raised its holdings in iShares TIPS Bond ETF by 395.0% in the 4th quarter. RWA Wealth Partners LLC now owns 18,036 shares of the exchange traded fund’s stock worth $1,939,000 after purchasing an additional 14,392 shares during the period. SlateStone Wealth LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth about $294,000. Bfsg LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth about $53,000. Finally, Florin Court Capital LLP acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth about $903,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock traded up $0.46 during trading hours on Friday, reaching $109.25. The company had a trading volume of 437,182 shares, compared to its average volume of 1,937,847. The stock has a fifty day moving average of $107.56 and a 200-day moving average of $106.81. The company has a market capitalization of $18.95 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $109.49.

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).