iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Ellenbecker Investment Group

Ellenbecker Investment Group lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 9,682 shares of the exchange traded fund’s stock after selling 1,391 shares during the period. Ellenbecker Investment Group’s holdings in iShares TIPS Bond ETF were worth $1,070,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Addison Capital Co raised its holdings in shares of iShares TIPS Bond ETF by 2.1% in the 3rd quarter. Addison Capital Co now owns 12,551 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 253 shares in the last quarter. Cordant Inc. grew its holdings in shares of iShares TIPS Bond ETF by 4.1% during the third quarter. Cordant Inc. now owns 19,327 shares of the exchange traded fund’s stock worth $2,135,000 after purchasing an additional 767 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $335,000. Curran Financial Partners LLC grew its position in iShares TIPS Bond ETF by 0.8% during the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock worth $2,030,000 after purchasing an additional 145 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its stake in iShares TIPS Bond ETF by 4.1% in the third quarter. Vontobel Holding Ltd. now owns 17,519 shares of the exchange traded fund’s stock valued at $1,935,000 after purchasing an additional 694 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $109.44 on Friday. The company has a market capitalization of $18.99 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $102.32 and a fifty-two week high of $111.06. The firm has a 50-day simple moving average of $109.60 and a 200-day simple moving average of $107.69.

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).