Aptus Capital Advisors LLC lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 64.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,257 shares of the exchange traded fund’s stock after selling 2,236 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $139,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the company. Meridian Management Co. increased its position in shares of iShares TIPS Bond ETF by 5.0% during the third quarter. Meridian Management Co. now owns 100,756 shares of the exchange traded fund’s stock worth $11,130,000 after buying an additional 4,819 shares during the period. First National Trust Co boosted its position in iShares TIPS Bond ETF by 12.3% during the third quarter. First National Trust Co now owns 4,865 shares of the exchange traded fund’s stock valued at $537,000 after acquiring an additional 533 shares during the last quarter. TRU Independence Asset Management 2 LLC bought a new stake in iShares TIPS Bond ETF during the third quarter valued at $442,000. Tyler Stone Wealth Management grew its holdings in iShares TIPS Bond ETF by 95.8% during the 3rd quarter. Tyler Stone Wealth Management now owns 2,303 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 1,127 shares during the period. Finally, Baker Avenue Asset Management LP lifted its stake in shares of iShares TIPS Bond ETF by 10.5% in the 3rd quarter. Baker Avenue Asset Management LP now owns 2,845 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 271 shares during the period.
iShares TIPS Bond ETF Price Performance
NYSEARCA TIP opened at $107.45 on Friday. The stock has a market capitalization of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09. The business has a 50 day simple moving average of $109.27 and a 200 day simple moving average of $107.99. iShares TIPS Bond ETF has a one year low of $104.18 and a one year high of $111.06.
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).
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