Smith Thornton Advisors LLC Sells 2,044 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Smith Thornton Advisors LLC lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,825 shares of the exchange traded fund’s stock after selling 2,044 shares during the period. Smith Thornton Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $514,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new stake in iShares TIPS Bond ETF in the second quarter valued at $26,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL boosted its holdings in iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC boosted its holdings in iShares TIPS Bond ETF by 28.5% in the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 194 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.7 %

NYSEARCA:TIP opened at $107.00 on Thursday. The stock has a market cap of $18.56 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm’s fifty day simple moving average is $107.48 and its 200 day simple moving average is $108.29. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06.

iShares TIPS Bond ETF 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).