Private Harbour Investment Management & Counsel LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 10.6% during the fourth quarter, Holdings Channel reports. The firm owned 6,305 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Private Harbour Investment Management & Counsel LLC’s holdings in iShares TIPS Bond ETF were worth $672,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of TIP. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at $26,000. Mainstream Capital Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $30,000. Kestra Investment Management LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $45,000. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $47,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares in the last quarter.
iShares TIPS Bond ETF Trading Up 0.2 %
TIP stock opened at $110.00 on Wednesday. The company’s 50-day moving average price is $108.81 and its 200 day moving average price is $108.56. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The company has a market cap of $14.32 billion, a P/E ratio of 12.32 and a beta of 0.28.
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).
Featured Articles
- Five stocks we like better than iShares TIPS Bond ETF
- What Are the FAANG Stocks and Are They Good Investments?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Why is the Ex-Dividend Date Significant to Investors?
- NVIDIA Insiders Sell: This Is What It Means for the Market
- How Investors Can Find the Best Cheap Dividend Stocks
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report).
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
