N.E.W. Advisory Services LLC Sells 169 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

N.E.W. Advisory Services LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,614 shares of the exchange traded fund’s stock after selling 169 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in TIP. GenTrust LLC increased its holdings in shares of iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after acquiring an additional 1,804 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares during the period. Curran Financial Partners LLC grew its holdings in iShares TIPS Bond ETF by 0.8% during the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after buying an additional 145 shares in the last quarter. Finally, Merit Financial Group LLC lifted its stake in iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,183 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $108.01 on Friday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The stock’s 50 day simple moving average is $107.39 and its two-hundred day simple moving average is $108.32. The company has a market cap of $18.74 billion, a price-to-earnings 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).