Strategic Investment Advisors MI Sells 139,364 Shares of iShares TIPS Bond ETF $TIP

Strategic Investment Advisors MI decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 98.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,904 shares of the exchange traded fund’s stock after selling 139,364 shares during the quarter. Strategic Investment Advisors MI’s holdings in iShares TIPS Bond ETF were worth $212,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gould Asset Management LLC CA boosted its stake in iShares TIPS Bond ETF by 1.1% during the third quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock worth $919,000 after buying an additional 90 shares during the period. Fiducient Advisors LLC grew its holdings in iShares TIPS Bond ETF by 0.7% during the 2nd quarter. Fiducient Advisors LLC now owns 13,725 shares of the exchange traded fund’s stock valued at $1,510,000 after purchasing an additional 92 shares during the last quarter. BOS Asset Management LLC raised its position in iShares TIPS Bond ETF by 1.0% in the 3rd quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock worth $1,121,000 after purchasing an additional 103 shares during the period. Cottonwood Capital Advisors LLC lifted its stake in iShares TIPS Bond ETF by 4.9% in the third quarter. Cottonwood Capital Advisors LLC now owns 2,245 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 104 shares during the last quarter. Finally, First National Corp MA ADV lifted its stake in iShares TIPS Bond ETF by 2.0% in the third quarter. First National Corp MA ADV now owns 5,489 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $111.11 on Friday. The firm has a market capitalization of $13.92 billion, a PE ratio of 12.40 and a beta of 0.26. The business has a 50 day simple moving average of $110.84 and a two-hundred day simple moving average of $110.93. iShares TIPS Bond ETF has a 1 year low of $106.47 and a 1 year high of $112.26.

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.