Lido Advisors LLC Sells 66,032 Shares of iShares TIPS Bond ETF $TIP

Lido Advisors LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 35.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,816 shares of the exchange traded fund’s stock after selling 66,032 shares during the quarter. Lido Advisors LLC owned about 0.09% of iShares TIPS Bond ETF worth $13,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares TIPS Bond ETF by 11.0% in the 2nd quarter. Bank of America Corp DE now owns 12,965,639 shares of the exchange traded fund’s stock worth $1,426,739,000 after purchasing an additional 1,281,679 shares in the last quarter. Valpey Financial Services LLC grew its position in iShares TIPS Bond ETF by 10,997.3% in the 4th quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after purchasing an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $187,000. Pictet Asset Management Holding SA increased its stake in iShares TIPS Bond ETF by 16.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after purchasing an additional 214,700 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares TIPS Bond ETF by 43.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after purchasing an additional 417,901 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.3%

TIP opened at $107.49 on Friday. iShares TIPS Bond ETF has a 1-year low of $107.48 and a 1-year high of $112.26. The company has a market cap of $14.55 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company’s fifty day moving average price is $109.25 and its two-hundred day moving average price is $110.30.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.