Capital Investment Advisors LLC Sells 912 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Capital Investment Advisors LLC decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,077 shares of the exchange traded fund’s stock after selling 912 shares during the period. Capital Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,666,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TIP. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Private Ocean LLC grew its stake in shares of iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. Salem Investment Counselors Inc. acquired a new position in iShares TIPS Bond ETF during the first quarter worth $36,000. Gradient Investments LLC raised its position in iShares TIPS Bond ETF by 352.7% during the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the second quarter valued at $40,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $109.36 on Friday. The firm has a 50-day moving average of $109.62 and a 200-day moving average of $107.71. The company has a market cap of $18.97 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $102.32 and a one year high of $111.06.

iShares TIPS Bond ETF 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).