Sanctuary Advisors LLC Sells 11,509 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sanctuary Advisors LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 93,672 shares of the exchange traded fund’s stock after selling 11,509 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $10,110,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC raised its stake in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. raised its stake in 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 buying an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. raised its stake in iShares TIPS Bond ETF by 58.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after buying an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA raised its stake in iShares TIPS Bond ETF by 52.6% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after buying an additional 147,849 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in 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 buying an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $108.26 on Wednesday. The company has a market cap of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The firm has a 50-day moving average of $107.37 and a 200 day moving average of $108.42.

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).