iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Prosperity Planning Inc.

Prosperity Planning Inc. decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 12,495 shares of the exchange traded fund’s stock after selling 400 shares during the period. Prosperity Planning Inc.’s holdings in iShares TIPS Bond ETF were worth $1,343,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TIP. Fortis Group Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $27,000. Trifecta Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter worth $27,000. Life Planning Partners Inc purchased a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $30,000. Covestor Ltd purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $33,000. Finally, Sound Income Strategies LLC boosted its stake in iShares TIPS Bond ETF by 108.7% during the 4th quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 188 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.5 %

iShares TIPS Bond ETF stock traded down $0.52 during mid-day trading on Wednesday, reaching $105.01. The company’s stock had a trading volume of 3,188,294 shares, compared to its average volume of 2,199,130. The firm has a market cap of $18.22 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47. The business has a 50 day moving average price of $106.51 and a 200-day moving average price of $105.99.

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).