iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Atwater Malick LLC

Atwater Malick LLC lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,018 shares of the exchange traded fund’s stock after selling 1,230 shares during the quarter. Atwater Malick LLC’s holdings in iShares TIPS Bond ETF were worth $748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Cranbrook Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 3.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 51,300 shares of the exchange traded fund’s stock valued at $5,466,000 after purchasing an additional 1,906 shares during the period. Merit Financial Group LLC lifted its holdings in iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after buying an additional 3,183 shares in the last quarter. Chemistry Wealth Management LLC boosted its position in iShares TIPS Bond ETF by 17.0% in the 4th quarter. Chemistry Wealth Management LLC now owns 10,256 shares of the exchange traded fund’s stock valued at $1,093,000 after buying an additional 1,492 shares during the last quarter. KMG Fiduciary Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 33.6% during the fourth quarter. KMG Fiduciary Partners LLC now owns 21,394 shares of the exchange traded fund’s stock valued at $2,280,000 after acquiring an additional 5,378 shares in the last quarter. Finally, Fermata Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 8.2% during the fourth quarter. Fermata Advisors LLC now owns 38,336 shares of the exchange traded fund’s stock worth $4,085,000 after acquiring an additional 2,911 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $107.18 on Friday. The stock has a market cap of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The business’s 50-day simple moving average is $107.44 and its 200 day simple moving average is $108.27.

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).