Procyon Advisors LLC Lowers Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Procyon Advisors LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,531 shares of the exchange traded fund’s stock after selling 262 shares during the period. Procyon Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,548,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TIP. FMR LLC grew its holdings in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth $102,200,000. Marshall Wace LLP increased its holdings in shares of iShares TIPS Bond ETF by 3.1% in the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after purchasing an additional 16,839 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares TIPS Bond ETF by 5.0% in the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock valued at $47,406,000 after purchasing an additional 21,268 shares during the period.

iShares TIPS Bond ETF Trading Up 0.0 %

TIP stock opened at $107.18 on Friday. 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 $18.60 billion, a P/E ratio of 11.86 and a beta of 0.09. The company’s 50-day moving average price is $107.44 and its 200 day moving average price is $108.27.

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).