iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Aviance Capital Partners LLC

Aviance Capital Partners LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,888 shares of the exchange traded fund’s stock after selling 2,656 shares during the period. Aviance Capital Partners LLC’s holdings in iShares TIPS Bond ETF were worth $955,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares TIPS Bond ETF by 179.2% in the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after buying an additional 3,232,628 shares in the last quarter. Rock Creek Group LP lifted its stake in iShares TIPS Bond ETF by 1,992.9% in the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock worth $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares TIPS Bond ETF by 1,511.5% in the third quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock valued at $220,032,000 after purchasing an additional 1,989,759 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of iShares TIPS Bond ETF by 1,655.8% in the third quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock valued at $104,471,000 after purchasing an additional 949,872 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares TIPS Bond ETF by 17.6% during the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock worth $578,524,000 after buying an additional 835,933 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

NYSEARCA TIP traded down $0.02 on Tuesday, reaching $105.96. 2,088,690 shares of the company were exchanged, compared to its average volume of 2,185,500. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $109.99. The stock has a market capitalization of $18.38 billion, a P/E ratio of 11.86 and a beta of 0.09. The business’s fifty day moving average price is $106.47 and its 200 day moving average price is $106.09.

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).