iShares TIPS Bond ETF $TIP Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT trimmed its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 59.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 12,636 shares of the exchange traded fund’s stock after selling 18,182 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in iShares TIPS Bond ETF were worth $1,405,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Citigroup Inc. raised its stake in iShares TIPS Bond ETF by 8.0% during the 3rd quarter. Citigroup Inc. now owns 95,230 shares of the exchange traded fund’s stock valued at $10,591,000 after acquiring an additional 7,069 shares during the last quarter. Siligmueller & Norvid Wealth Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $1,695,000. Personal CFO Solutions LLC increased its holdings in shares of iShares TIPS Bond ETF by 4.2% in the third quarter. Personal CFO Solutions LLC now owns 4,175 shares of the exchange traded fund’s stock valued at $464,000 after purchasing an additional 170 shares during the period. Garner Asset Management Corp raised its stake in shares of iShares TIPS Bond ETF by 105.8% during the third quarter. Garner Asset Management Corp now owns 18,523 shares of the exchange traded fund’s stock worth $2,062,000 after purchasing an additional 9,522 shares during the last quarter. Finally, Wealth Alliance LLC purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter worth approximately $3,795,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $111.19 on Friday. iShares TIPS Bond ETF has a one year low of $106.47 and a one year high of $112.26. The company has a market cap of $13.93 billion, a P/E ratio of 12.40 and a beta of 0.26. The firm has a fifty day moving average of $110.37 and a two-hundred day moving average of $110.82.

About iShares TIPS Bond ETF

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.