iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,792 shares of the exchange traded fund’s stock after selling 2,013 shares during the period. Welch & Forbes LLC’s holdings in iShares TIPS Bond ETF were worth $2,665,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TIP. JPMorgan Chase & Co. increased its stake in shares of 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 during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares TIPS Bond ETF by 179.2% during 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 purchasing an additional 3,232,628 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in iShares TIPS Bond ETF by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after buying an additional 148,842 shares during the last quarter. Rock Creek Group LP raised its stake in iShares TIPS Bond ETF by 1,992.9% in the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares TIPS Bond ETF by 37.7% during the 3rd quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock worth $223,520,000 after acquiring an additional 589,881 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

TIP stock traded down $0.02 during trading on Tuesday, hitting $105.96. 2,088,690 shares of the company’s stock were exchanged, compared to its average volume of 2,185,500. The business has a 50-day moving average price of $106.47 and a two-hundred day moving average price of $106.09. The stock has a market capitalization of $18.38 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $109.99.

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).