iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC trimmed its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,025 shares of the exchange traded fund’s stock after selling 744 shares during the period. SilverOak Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $535,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TIP. Bank of Jackson Hole Trust acquired a new stake in iShares TIPS Bond ETF in the 4th quarter valued at approximately $115,000. Kestra Investment Management LLC purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth $45,000. Atria Wealth Solutions Inc. boosted its position in shares of iShares TIPS Bond ETF by 29.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 82,827 shares of the exchange traded fund’s stock worth $8,825,000 after buying an additional 18,906 shares during the period. D.A. Davidson & CO. grew its stake in shares of iShares TIPS Bond ETF by 3.4% in the fourth quarter. D.A. Davidson & CO. now owns 86,956 shares of the exchange traded fund’s stock valued at $9,265,000 after buying an additional 2,843 shares in the last quarter. Finally, Citizens & Northern Corp raised its holdings in shares of iShares TIPS Bond ETF by 42.9% in the 4th quarter. Citizens & Northern Corp now owns 5,063 shares of the exchange traded fund’s stock valued at $539,000 after buying an additional 1,519 shares during the period.

iShares TIPS Bond ETF Trading Down 0.3 %

TIP opened at $108.26 on Wednesday. The firm has a market cap of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50-day moving average price is $107.37 and its 200 day moving average price is $108.42. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).