Cyndeo Wealth Partners LLC Sells 600 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Cyndeo Wealth Partners LLC lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,379 shares of the exchange traded fund’s stock after selling 600 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $573,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter valued at $26,000. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $37,000. Strategic Investment Solutions Inc. IL raised its position in shares of iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the last quarter. Sound Income Strategies LLC raised its holdings in iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $96,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $107.43 on Friday. The stock has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm has a 50 day simple moving average of $107.38 and a 200-day simple moving average of $108.30. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

About iShares TIPS Bond ETF

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).