SignalPoint Asset Management LLC Reduces Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

SignalPoint Asset Management LLC reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,555 shares of the exchange traded fund’s stock after selling 3,219 shares during the quarter. SignalPoint Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,444,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Tsfg LLC raised its holdings in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares during the period. KMG Fiduciary Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 0.6% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares during the period. Regal Investment Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the period. First United Bank & Trust raised its holdings in shares of iShares TIPS Bond ETF by 3.2% during the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares during the period. Finally, FC Advisory LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 110 shares during the period.

iShares TIPS Bond ETF Stock Up 0.7 %

Shares of NYSEARCA TIP opened at $107.00 on Thursday. 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 price of $107.48 and a two-hundred 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 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).