Congress Wealth Management LLC DE Sells 1,394 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Congress Wealth Management LLC DE lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 8.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,370 shares of the exchange traded fund’s stock after selling 1,394 shares during the period. Congress Wealth Management LLC DE’s holdings in iShares TIPS Bond ETF were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of TIP. JPMorgan Chase & Co. increased its holdings in iShares TIPS Bond ETF by 106.9% during the 1st quarter. JPMorgan Chase & Co. now owns 1,060,826 shares of the exchange traded fund’s stock worth $132,148,000 after acquiring an additional 16,427,528 shares during the period. UBS Group AG increased its holdings in shares of iShares TIPS Bond ETF by 316.1% in the 1st quarter. UBS Group AG now owns 4,129,432 shares of the exchange traded fund’s stock worth $514,403,000 after buying an additional 6,040,033 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares TIPS Bond ETF by 42.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,824,198 shares of the exchange traded fund’s stock valued at $1,460,804,000 after purchasing an additional 3,848,231 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of iShares TIPS Bond ETF by 25.5% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,810,000 shares of the exchange traded fund’s stock valued at $661,817,000 after purchasing an additional 1,180,000 shares in the last quarter. Finally, Magnolia Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 8,421.5% in the 1st quarter. Magnolia Wealth Management LLC now owns 1,075,752 shares of the exchange traded fund’s stock valued at $135,282,000 after purchasing an additional 1,063,128 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.57 on Thursday. The firm has a fifty day simple moving average of $106.48 and a two-hundred day simple moving average of $112.39. iShares TIPS Bond ETF has a twelve month low of $104.63 and a twelve month high of $130.22.

About iShares TIPS Bond ETF

(Get Rating)

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).

Recommended Stories

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating).

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

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.