iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by World Investment Advisors LLC

World Investment Advisors LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 22.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,794 shares of the exchange traded fund’s stock after selling 1,707 shares during the quarter. World Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $640,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $26,000. Private Ocean LLC boosted its stake in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 116 shares during the period. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF during the third quarter worth about $37,000. Hobbs Group Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $40,000. Finally, Strategic Investment Solutions Inc. IL grew its position in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of iShares TIPS Bond ETF stock opened at $107.65 on Tuesday. The company’s 50-day simple moving average is $108.41 and its 200-day simple moving average is $108.32. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The firm has a market cap of $18.68 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).