Wealthspire Advisors LLC Sells 6,733 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Wealthspire Advisors LLC trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 77.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,977 shares of the exchange traded fund’s stock after selling 6,733 shares during the period. Wealthspire Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $253,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. increased its holdings in iShares TIPS Bond ETF by 7.1% during the 2nd quarter. BlackRock Inc. now owns 23,960,847 shares of the exchange traded fund’s stock worth $3,067,229,000 after purchasing an additional 1,583,803 shares in the last quarter. Morgan Stanley increased its holdings in iShares TIPS Bond ETF by 2.4% during the 1st quarter. Morgan Stanley now owns 9,796,182 shares of the exchange traded fund’s stock worth $1,229,422,000 after purchasing an additional 225,503 shares in the last quarter. FMR LLC increased its holdings in iShares TIPS Bond ETF by 0.4% during the 2nd quarter. FMR LLC now owns 6,526,449 shares of the exchange traded fund’s stock worth $835,450,000 after purchasing an additional 28,457 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares TIPS Bond ETF by 5.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,013,435 shares of the exchange traded fund’s stock worth $385,750,000 after purchasing an additional 155,363 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares TIPS Bond ETF by 15.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,910,937 shares of the exchange traded fund’s stock worth $372,626,000 after purchasing an additional 399,232 shares in the last quarter.

Shares of TIP opened at $128.52 on Thursday. The stock has a 50 day moving average price of $128.69 and a two-hundred day moving average price of $127.93. iShares TIPS Bond ETF has a 52 week low of $123.51 and a 52 week high of $130.65.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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