iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Insight Wealth Partners LLC

Insight Wealth Partners LLC cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,235 shares of the exchange traded fund’s stock after selling 1,718 shares during the period. iShares TIPS Bond ETF comprises about 0.8% of Insight Wealth Partners LLC’s holdings, making the stock its 10th largest position. Insight Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $4,403,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Hillcrest Wealth Advisors NY LLC increased its position in shares of iShares TIPS Bond ETF by 8.0% during the second quarter. Hillcrest Wealth Advisors NY LLC now owns 70,835 shares of the exchange traded fund’s stock worth $7,564,000 after purchasing an additional 5,250 shares in the last quarter. Portside Wealth Group LLC boosted its holdings in shares of iShares TIPS Bond ETF by 24.0% in the second quarter. Portside Wealth Group LLC now owns 20,853 shares of the exchange traded fund’s stock valued at $2,227,000 after acquiring an additional 4,033 shares during the period. Fiduciary Financial Group LLC purchased a new position in shares of iShares TIPS Bond ETF during the second quarter worth approximately $1,244,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of iShares TIPS Bond ETF by 26.7% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 831 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 175 shares during the period. Finally, W.H. Cornerstone Investments Inc. raised its position in iShares TIPS Bond ETF by 19.9% in the 2nd quarter. W.H. Cornerstone Investments Inc. now owns 3,971 shares of the exchange traded fund’s stock valued at $424,000 after purchasing an additional 659 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock traded down $0.04 during midday trading on Friday, hitting $108.39. 840,135 shares of the company’s stock were exchanged, compared to its average volume of 1,959,378. The firm’s 50 day simple moving average is $107.36 and its 200 day simple moving average is $106.78. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $109.13. The stock has a market cap of $18.81 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).