Empirical Financial Services LLC d.b.a. Empirical Wealth Management Trims Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,144 shares of the exchange traded fund’s stock after selling 1,105 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares TIPS Bond ETF were worth $875,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Baystate Wealth Management LLC lifted its position in iShares TIPS Bond ETF by 1,375.6% during the third quarter. Baystate Wealth Management LLC now owns 605 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 564 shares during the period. Hoxton Planning & Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 51.3% during the third quarter. Hoxton Planning & Management LLC now owns 12,882 shares of the exchange traded fund’s stock valued at $1,336,000 after purchasing an additional 4,370 shares during the last quarter. Walker Asset Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.7% in the 3rd quarter. Walker Asset Management LLC now owns 4,873 shares of the exchange traded fund’s stock worth $505,000 after buying an additional 129 shares during the last quarter. Grandview Asset Management LLC bought a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $879,000. Finally, Gradient Investments LLC grew its position in shares of iShares TIPS Bond ETF by 15.6% during the 3rd quarter. Gradient Investments LLC now owns 763 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 103 shares during the period.

iShares TIPS Bond ETF Trading Down 0.1 %

iShares TIPS Bond ETF stock traded down $0.07 during mid-day trading on Wednesday, hitting $105.89. The stock had a trading volume of 582,613 shares, compared to its average volume of 2,167,278. The firm’s 50 day moving average is $106.47 and its 200 day moving average is $106.09. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $109.99. The firm has a market capitalization of $18.37 billion, a P/E ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).