11,583 iShares TIPS Bond ETF $TIP Shares Sold by Sage Capital Advisors llc

Sage Capital Advisors llc lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,538 shares of the exchange traded fund’s stock after selling 11,583 shares during the quarter. Sage Capital Advisors llc’s holdings in iShares TIPS Bond ETF were worth $1,512,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. TD Capital Management LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth $25,000. CX Institutional bought a new position in iShares TIPS Bond ETF during the third quarter valued at $29,000. Eastern Bank bought a new position in iShares TIPS Bond ETF during the third quarter valued at $35,000. Timbuktu Capital Management LLC purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at $52,000. Finally, Realta Investment Advisors raised its stake in shares of iShares TIPS Bond ETF by 159.2% in the first quarter. Realta Investment Advisors now owns 521 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 320 shares during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock traded up $0.04 during trading on Tuesday, hitting $104.53. The stock had a trading volume of 832,396 shares, compared to its average volume of 2,217,560. The firm’s fifty day simple moving average is $106.05 and its 200-day simple moving average is $108.48. The stock has a market cap of $14.28 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $112.24.

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). 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.