iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,204 shares of the exchange traded fund’s stock after selling 1,320 shares during the quarter. Harbour Investments Inc.’s holdings in iShares TIPS Bond ETF were worth $1,790,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF during the second quarter worth $26,000. Private Ocean LLC grew its stake in iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 116 shares during the last quarter. Eastern Bank acquired a new position in iShares TIPS Bond ETF during the third quarter worth about $37,000. Gradient Investments LLC increased its stake in shares of iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $107.44 on Thursday. iShares TIPS Bond ETF has a one year low of $103.76 and a one year high of $111.06. The stock has a market cap of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09. The business’s fifty day moving average price is $109.39 and its two-hundred day moving average price is $107.99.

iShares TIPS Bond ETF Company 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).