TSA Wealth Managment LLC Trims Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

TSA Wealth Managment LLC cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 85.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,045 shares of the exchange traded fund’s stock after selling 18,046 shares during the period. TSA Wealth Managment LLC’s holdings in iShares TIPS Bond ETF were worth $336,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TIP. International Assets Investment Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the third 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. Confluence Wealth Services Inc. bought a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $213,000. TIAA Trust National Association lifted its position in shares of iShares TIPS Bond ETF by 3.2% during the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock worth $9,447,000 after purchasing an additional 2,776 shares during the last quarter. Buck Wealth Strategies LLC grew its holdings in shares of iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock worth $7,267,000 after purchasing an additional 62,426 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 2nd quarter worth about $27,453,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.44 on Friday. The firm has a market capitalization of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.18 and a 1-year high of $111.06. The company has a 50-day moving average of $109.27 and a 200 day moving average of $107.99.

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).