Prosperity Planning Inc. Sells 1,610 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Prosperity Planning Inc. lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,892 shares of the exchange traded fund’s stock after selling 1,610 shares during the quarter. Prosperity Planning Inc.’s holdings in iShares TIPS Bond ETF were worth $1,267,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TIP. FMR LLC raised its holdings in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $102,200,000. International Assets Investment Management LLC grew its position in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF during the second quarter worth approximately $24,990,000. Finally, Invst LLC lifted its holdings in iShares TIPS Bond ETF by 2,678.4% in the second quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock valued at $21,789,000 after buying an additional 198,312 shares during the period.

iShares TIPS Bond ETF Stock Performance

TIP opened at $107.18 on Tuesday. The company has a fifty day moving average price of $107.42 and a two-hundred day moving average price of $108.31. The firm has a market capitalization of $18.60 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06.

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).