Calton & Associates Inc. Sells 1,958 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Calton & Associates Inc. decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 16,170 shares of the exchange traded fund’s stock after selling 1,958 shares during the quarter. iShares TIPS Bond ETF makes up 0.8% of Calton & Associates Inc.’s holdings, making the stock its 26th largest holding. Calton & Associates Inc.’s holdings in iShares TIPS Bond ETF were worth $1,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Clear Investment Research LLC grew its holdings in iShares TIPS Bond ETF by 2.0% during the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after purchasing an additional 103 shares during the period. Objective Capital Management LLC grew its holdings in iShares TIPS Bond ETF by 5.8% during the third quarter. Objective Capital Management LLC now owns 2,020 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 111 shares during the period. Archer Investment Corp grew its holdings in iShares TIPS Bond ETF by 10.1% during the fourth quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 116 shares during the period. Inscription Capital LLC grew its holdings in iShares TIPS Bond ETF by 3.0% during the fourth quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock worth $440,000 after purchasing an additional 119 shares during the period. Finally, Willow Creek Wealth Management Inc. grew its holdings in iShares TIPS Bond ETF by 1.0% during the third quarter. Willow Creek Wealth Management Inc. now owns 14,952 shares of the exchange traded fund’s stock worth $1,551,000 after purchasing an additional 145 shares during the period.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock traded down $0.34 during midday trading on Friday, reaching $106.77. 1,960,827 shares of the company’s stock were exchanged, compared to its average volume of 2,071,159. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $108.54. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50-day simple moving average is $106.38 and its 200 day simple moving average is $106.68.

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).