Signature Wealth Management Group Decreases Stake in iShares TIPS Bond ETF $TIP

Signature Wealth Management Group lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 95.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,017 shares of the exchange traded fund’s stock after selling 38,487 shares during the quarter. Signature Wealth Management Group’s holdings in iShares TIPS Bond ETF were worth $224,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares TIPS Bond ETF by 5.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 171,382 shares of the exchange traded fund’s stock valued at $19,053,000 after acquiring an additional 9,239 shares during the period. Archvest Wealth Advisors Inc. boosted its position in iShares TIPS Bond ETF by 3.0% during the third quarter. Archvest Wealth Advisors Inc. now owns 15,339 shares of the exchange traded fund’s stock worth $1,706,000 after purchasing an additional 442 shares in the last quarter. Sterling Investment Advisors LLC ADV boosted its position in iShares TIPS Bond ETF by 12.9% during the third quarter. Sterling Investment Advisors LLC ADV now owns 58,448 shares of the exchange traded fund’s stock worth $6,501,000 after purchasing an additional 6,691 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its holdings in iShares TIPS Bond ETF by 11.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,508 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 250 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE purchased a new position in shares of iShares TIPS Bond ETF in the third quarter valued at $458,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.2%

iShares TIPS Bond ETF stock opened at $110.02 on Monday. The firm has a market capitalization of $13.94 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $106.47 and a 52 week high of $112.26. The firm’s 50-day simple moving average is $110.45 and its 200 day simple moving average is $110.67.

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.