Financial & Tax Architects LLC Sells 4,972 Shares of iShares TIPS Bond ETF $TIP

Financial & Tax Architects LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,141 shares of the exchange traded fund’s stock after selling 4,972 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares TIPS Bond ETF were worth $4,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TIP. Bank of America Corp DE increased its holdings in shares of iShares TIPS Bond ETF by 32.3% in the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after buying an additional 4,189,926 shares during the last quarter. Valpey Financial Services LLC lifted its holdings in shares of iShares TIPS Bond ETF by 10,997.3% during the 4th quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock worth $266,969,000 after acquiring an additional 2,407,090 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $187,000. Pictet Asset Management Holding SA grew its position in iShares TIPS Bond ETF by 16.8% in the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock worth $164,565,000 after acquiring an additional 214,700 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in iShares TIPS Bond ETF by 43.0% in the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock worth $152,991,000 after acquiring an additional 417,901 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Down 0.4%

TIP opened at $109.43 on Wednesday. The stock has a market cap of $14.48 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $108.88 and a 52 week high of $112.26. The business’s fifty day simple moving average is $110.37 and its 200 day simple moving average is $110.54.

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.