iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by CMG Global Holdings LLC

CMG Global Holdings LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,181 shares of the exchange traded fund’s stock after selling 388 shares during the period. CMG Global Holdings LLC’s holdings in iShares TIPS Bond ETF were worth $1,346,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. William B. Walkup & Associates Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth about $26,000. Private Ocean LLC boosted its holdings in shares of iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $37,000. Gradient Investments LLC grew its position in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $107.77 on Friday. The business’s 50 day moving average price is $109.04 and its 200 day moving average price is $108.07. The company has a market cap of $18.70 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.19 and a one year high of $111.06.

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).