iShares TIPS Bond ETF $TIP Shares Sold by BlueSky Wealth Advisors LLC

BlueSky Wealth Advisors LLC decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,524 shares of the exchange traded fund’s stock after selling 5,217 shares during the quarter. iShares TIPS Bond ETF comprises 1.6% of BlueSky Wealth Advisors LLC’s holdings, making the stock its 17th biggest position. BlueSky Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $11,514,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TIP. Brighton Jones LLC increased its holdings in shares of iShares TIPS Bond ETF by 8.0% in the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after purchasing an additional 1,102 shares during the period. Ameriprise Financial Inc. boosted its position in iShares TIPS Bond ETF by 45.0% in the first quarter. Ameriprise Financial Inc. now owns 971,032 shares of the exchange traded fund’s stock valued at $108,387,000 after buying an additional 301,463 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares TIPS Bond ETF by 8.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 436,941 shares of the exchange traded fund’s stock worth $48,540,000 after buying an additional 32,638 shares during the period. Samalin Investment Counsel LLC raised its position in iShares TIPS Bond ETF by 0.5% during the 1st quarter. Samalin Investment Counsel LLC now owns 25,937 shares of the exchange traded fund’s stock worth $2,881,000 after buying an additional 138 shares during the last quarter. Finally, Quadcap Wealth Management LLC lifted its stake in iShares TIPS Bond ETF by 6.4% during the 1st quarter. Quadcap Wealth Management LLC now owns 2,546 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 154 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $109.94 on Monday. The company’s fifty day moving average price is $111.04 and its 200-day moving average price is $110.52. iShares TIPS Bond ETF has a 1-year low of $106.09 and a 1-year high of $112.26. The firm has a market capitalization of $13.96 billion, a P/E ratio of 12.40 and a beta of 0.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.