NorthCrest Asset Manangement LLC Decreases Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

NorthCrest Asset Manangement LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,373 shares of the exchange traded fund’s stock after selling 1,001 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in iShares TIPS Bond ETF were worth $5,272,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Colony Family Offices LLC lifted its stake in iShares TIPS Bond ETF by 5.4% in the 1st quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 97 shares in the last quarter. Clear Investment Research LLC raised its holdings in iShares TIPS Bond ETF by 2.0% in the 4th quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $570,000 after acquiring an additional 103 shares during the last quarter. Archer Investment Corp raised its holdings in iShares TIPS Bond ETF by 10.1% in the 4th quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock valued at $136,000 after acquiring an additional 116 shares during the last quarter. Principal Financial Group Inc. raised its holdings in iShares TIPS Bond ETF by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 13,577 shares of the exchange traded fund’s stock valued at $1,458,000 after acquiring an additional 117 shares during the last quarter. Finally, Graypoint LLC raised its holdings in iShares TIPS Bond ETF by 1.3% in the 1st quarter. Graypoint LLC now owns 9,170 shares of the exchange traded fund’s stock valued at $985,000 after acquiring an additional 120 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of TIP stock traded up $0.13 on Wednesday, reaching $108.85. 149,635 shares of the stock were exchanged, compared to its average volume of 1,973,919. The stock has a market cap of $18.89 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a 50 day moving average of $107.25 and a two-hundred day moving average of $106.74. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.13.

iShares TIPS Bond ETF Company 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).