Sigma Planning Corp Sells 3,921 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sigma Planning Corp lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 50,959 shares of the exchange traded fund’s stock after selling 3,921 shares during the quarter. Sigma Planning Corp’s holdings in iShares TIPS Bond ETF were worth $5,885,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TIP. Ellevest Inc. bought a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $25,000. Glassman Wealth Services bought a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $25,000. Gemmer Asset Management LLC lifted its position in iShares TIPS Bond ETF by 11,750.0% in the first quarter. Gemmer Asset Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 235 shares during the last quarter. Coastal Capital Group Inc. bought a new stake in iShares TIPS Bond ETF in the second quarter valued at approximately $28,000. Finally, Versant Capital Management Inc bought a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $30,000.

TIP stock traded up $0.42 during midday trading on Thursday, hitting $117.46. The company had a trading volume of 54,633 shares, compared to its average volume of 1,281,210. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $117.25. The firm has a 50 day moving average price of $115.37.

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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