Smith Thornton Advisors LLC Lowers Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Smith Thornton Advisors LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,825 shares of the exchange traded fund’s stock after selling 2,044 shares during the quarter. Smith Thornton Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of TIP. FMR LLC raised its position in shares of iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $102,200,000. International Assets Investment Management LLC raised its position in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth about $24,990,000. Finally, Invst LLC raised its position in shares of iShares TIPS Bond ETF by 2,678.4% in the 2nd quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock worth $21,789,000 after purchasing an additional 198,312 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP opened at $107.00 on Thursday. The stock has a 50-day moving average price of $107.48 and a 200-day moving average price of $108.29. The firm has a market cap of $18.56 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).