Perigon Wealth Management LLC Has $2.52 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Perigon Wealth Management LLC reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 23,518 shares of the exchange traded fund’s stock after selling 1,283 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $2,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the stock. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF in the 3rd 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 3rd 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 in the last quarter. Sound Income Strategies LLC raised its stake in shares of 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 buying an additional 298 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $96,000. Finally, Tsfg LLC raised its stake in shares of iShares TIPS Bond ETF by 8.3% in 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 in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $107.82 on Thursday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm has a fifty day moving average of $107.38 and a 200-day moving average of $108.33.

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).