Courage Miller Partners LLC Cuts Position in iShares TIPS Bond ETF $TIP

Courage Miller Partners LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,429 shares of the exchange traded fund’s stock after selling 2,246 shares during the quarter. Courage Miller Partners LLC’s holdings in iShares TIPS Bond ETF were worth $487,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TIP. NBC Securities Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $26,000. Golden State Wealth Management LLC boosted its position in shares of iShares TIPS Bond ETF by 295.0% in the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 177 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $26,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $28,000. Finally, Rossby Financial LCC acquired a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $30,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $111.51 on Monday. The stock has a market capitalization of $14.08 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $112.26. The business has a fifty day moving average price of $110.99 and a 200-day moving average price of $109.85.

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).