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

Wealth Forward LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 99,342 shares of the exchange traded fund’s stock after selling 1,384 shares during the quarter. iShares TIPS Bond ETF comprises approximately 7.7% of Wealth Forward LLC’s portfolio, making the stock its 6th biggest holding. Wealth Forward LLC’s holdings in iShares TIPS Bond ETF were worth $10,974,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of iShares TIPS Bond ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after purchasing an additional 410,284 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter valued at about $201,931,000. Sumitomo Life Insurance Co. purchased a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $102,200,000. Marshall Wace LLP boosted its position in shares of iShares TIPS Bond ETF by 3.1% during the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock worth $59,964,000 after purchasing an additional 16,839 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares TIPS Bond ETF by 30.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock worth $49,549,000 after purchasing an additional 107,653 shares during the period.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of NYSEARCA TIP opened at $108.31 on Friday. iShares TIPS Bond ETF has a 52-week low of $102.46 and a 52-week high of $111.06. The business’s 50 day moving average is $109.57 and its two-hundred day moving average is $107.83. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).