iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Lessened by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,027 shares of the exchange traded fund’s stock after selling 2,851 shares during the period. IVC Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $862,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $27,000. Fortis Group Advisors LLC acquired a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $27,000. Life Planning Partners Inc acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $30,000. Pacific Capital Wealth Advisors Inc. acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $33,000. Finally, Salem Investment Counselors Inc. acquired a new position in iShares TIPS Bond ETF in the 1st quarter worth approximately $36,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock traded up $0.42 during midday trading on Wednesday, reaching $106.54. The stock had a trading volume of 841,966 shares, compared to its average volume of 2,079,942. The firm’s fifty day simple moving average is $106.39 and its two-hundred day simple moving average is $106.67. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $108.54. The firm has a market cap of $18.48 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).