iShares TIPS Bond ETF $TIP Shares Sold by Archvest Wealth Advisors Inc.

Archvest Wealth Advisors Inc. reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 82.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,766 shares of the exchange traded fund’s stock after selling 12,573 shares during the period. Archvest Wealth Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $304,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Rock Point Advisors LLC increased its holdings in iShares TIPS Bond ETF by 4.6% in the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 93 shares in the last quarter. Aspiriant LLC increased its holdings in iShares TIPS Bond ETF by 2.2% in the 4th quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 95 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in iShares TIPS Bond ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 96 shares in the last quarter. Farrell Financial LLC increased its holdings in iShares TIPS Bond ETF by 1.4% in the 4th quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 98 shares in the last quarter. Finally, LexAurum Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 5.1% during the third quarter. LexAurum Advisors LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 117 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $109.77 on Thursday. The business has a 50-day moving average of $110.86 and a 200-day moving average of $110.72. The company has a market capitalization of $14.52 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 1-year low of $108.07 and a 1-year high of $112.26.

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). 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.