Advisory Services Network LLC Sells 5,115 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Advisory Services Network LLC decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,181 shares of the exchange traded fund’s stock after selling 5,115 shares during the period. Advisory Services Network LLC’s holdings in iShares TIPS Bond ETF were worth $4,319,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after purchasing an additional 3,232,628 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of iShares TIPS Bond ETF by 4.2% in the 3rd 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 purchasing an additional 148,842 shares in the last quarter. Rock Creek Group LP boosted its stake in shares of iShares TIPS Bond ETF by 1,992.9% in the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares TIPS Bond ETF by 37.7% in the 3rd quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock valued at $223,520,000 after purchasing an additional 589,881 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of iShares TIPS Bond ETF stock traded up $0.13 during trading on Friday, reaching $106.44. The company’s stock had a trading volume of 592,939 shares, compared to its average volume of 2,139,310. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54. The company has a market cap of $18.47 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm’s 50-day moving average is $106.30 and its two-hundred day moving average is $106.35.

iShares TIPS Bond ETF 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).