Walkner Condon Financial Advisors LLC Sells 575 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Walkner Condon Financial Advisors LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,307 shares of the exchange traded fund’s stock after selling 575 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TIP. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of iShares TIPS Bond ETF in the first quarter valued at about $201,931,000. Evoke Wealth LLC lifted its holdings in iShares TIPS Bond ETF by 181.8% in the 4th quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after buying an additional 803,988 shares during the period. Sumitomo Life Insurance Co. lifted its stake in iShares TIPS Bond ETF by 102.5% in the first quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock worth $137,555,000 after acquiring an additional 648,150 shares during the period. Quotient Wealth Partners LLC raised its position in shares of iShares TIPS Bond ETF by 6,782.8% in the 2nd quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after acquiring an additional 365,458 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in iShares TIPS Bond ETF by 14,118.3% during the first quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock valued at $38,531,000 after buying an additional 356,204 shares during the period.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP remained flat at $109.38 during mid-day trading on Wednesday. 687,625 shares of the company traded hands, compared to its average volume of 1,925,337. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.61. The company has a 50 day moving average price of $107.75 and a two-hundred day moving average price of $106.89. The stock has a market cap of $18.98 billion, a P/E 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).