iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Verger Capital Management LLC

Verger Capital Management LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,577 shares of the exchange traded fund’s stock after selling 4,235 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 3.5% of Verger Capital Management LLC’s holdings, making the stock its 8th largest position. Verger Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $6,463,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthsource Partners LLC boosted its position in iShares TIPS Bond ETF by 7.7% during the 2nd quarter. Wealthsource Partners LLC now owns 5,777 shares of the exchange traded fund’s stock valued at $667,000 after purchasing an additional 411 shares during the period. Gryphon Financial Partners LLC boosted its position in iShares TIPS Bond ETF by 0.6% during the 2nd quarter. Gryphon Financial Partners LLC now owns 15,008 shares of the exchange traded fund’s stock worth $1,733,000 after acquiring an additional 88 shares during the period. Cornerstone Wealth Group LLC acquired a new position in iShares TIPS Bond ETF during the 2nd quarter worth $2,629,000. Advisory Services Network LLC boosted its position in iShares TIPS Bond ETF by 7.6% during the 2nd quarter. Advisory Services Network LLC now owns 37,387 shares of the exchange traded fund’s stock worth $4,318,000 after acquiring an additional 2,645 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in iShares TIPS Bond ETF by 13.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 52,923 shares of the exchange traded fund’s stock worth $6,112,000 after acquiring an additional 6,203 shares during the period.

In other iShares TIPS Bond ETF news, insider Coleman Howard purchased 57,500 shares of iShares TIPS Bond ETF stock in a transaction on Friday, October 25th. The stock was bought at an average price of $0.80 per share, for a total transaction of $46,000.00.

TIP stock traded down $0.07 during trading on Friday, reaching $115.56. 742,237 shares of the company’s stock were exchanged, compared to its average volume of 1,295,744. iShares TIPS Bond ETF has a 1-year low of $108.38 and a 1-year high of $118.21. The company’s fifty day moving average price is $116.15 and its 200-day moving average price is $115.38.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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