Bartlett & CO. Wealth Management LLC Sells 11,615 Shares of iShares TIPS Bond ETF $TIP

Bartlett & CO. Wealth Management LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 42.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,690 shares of the exchange traded fund’s stock after selling 11,615 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,753,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. TD Capital Management LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter worth $25,000. Evolution Wealth Management Inc. bought a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $26,000. Woodside Wealth Management LLC increased its stake in shares of iShares TIPS Bond ETF by 167.8% in the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $28,000. Finally, Holos Integrated Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $29,000. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Up 0.3%

Shares of TIP stock opened at $108.27 on Friday. iShares TIPS Bond ETF has a twelve month low of $107.82 and a twelve month high of $112.26. The company has a market cap of $14.55 billion, a P/E ratio of 12.40 and a beta of 0.26. The business has a fifty day simple moving average of $109.52 and a 200 day simple moving average of $110.36.

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.