Christensen King & Associates Investment Services Inc. Sells 492 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Christensen King & Associates Investment Services Inc. lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,748 shares of the exchange traded fund’s stock after selling 492 shares during the period. Christensen King & Associates Investment Services Inc.’s holdings in iShares TIPS Bond ETF were worth $1,077,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in iShares TIPS Bond ETF in the first quarter worth approximately $201,931,000. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF in the third quarter worth approximately $102,200,000. Envestnet Asset Management Inc. boosted its holdings in iShares TIPS Bond ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after purchasing an additional 410,284 shares during the last quarter. Quotient Wealth Partners LLC boosted its holdings in iShares TIPS Bond ETF by 6,782.8% in the second quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after purchasing an additional 365,458 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of iShares TIPS Bond ETF by 14,118.3% during the 1st quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock worth $38,531,000 after acquiring an additional 356,204 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock traded up $0.19 on Tuesday, hitting $108.76. 741,236 shares of the company’s stock were exchanged, compared to its average volume of 1,895,127. The company has a 50-day simple moving average of $109.62 and a 200-day simple moving average of $107.73. The stock has a market capitalization of $18.87 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $102.32 and a 1 year high of $111.06.

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).