Bar Harbor Wealth Management Cuts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bar Harbor Wealth Management lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,608 shares of the exchange traded fund’s stock after selling 151 shares during the quarter. Bar Harbor Wealth Management’s holdings in iShares TIPS Bond ETF were worth $491,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at approximately $26,000. Eastern Bank bought a new position in iShares TIPS Bond ETF during the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL raised its stake in shares of iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the period. Sound Income Strategies LLC lifted its position in shares of iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC grew its stake in shares of iShares TIPS Bond ETF by 28.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 194 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $106.22 on Tuesday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The business has a 50-day moving average of $107.52 and a 200 day moving average of $108.29. The firm has a market cap of $18.43 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).