DV Trading LLC Sells 7,090 Shares of iShares TIPS Bond ETF $TIP

DV Trading LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,728 shares of the exchange traded fund’s stock after selling 7,090 shares during the period. DV Trading LLC’s holdings in iShares TIPS Bond ETF were worth $1,846,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TIP. Bank of America Corp DE increased its position in iShares TIPS Bond ETF by 18.1% during the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock worth $2,685,035,000 after buying an additional 3,729,751 shares during the period. Valpey Financial Services LLC boosted its position in shares of iShares TIPS Bond ETF by 10,997.3% in the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after acquiring an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $187,000. Pictet Asset Management Holding SA boosted its position in shares of iShares TIPS Bond ETF by 16.8% in the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after acquiring an additional 214,700 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares TIPS Bond ETF by 43.0% in the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after acquiring an additional 417,901 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $107.63 on Friday. iShares TIPS Bond ETF has a 52 week low of $107.34 and a 52 week high of $112.26. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The firm’s 50-day simple moving average is $108.92 and its 200 day simple moving average is $110.19.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.