West Paces Advisors Inc. Has $264,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

West Paces Advisors Inc. reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 64.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,456 shares of the exchange traded fund’s stock after selling 4,487 shares during the period. West Paces Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $264,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of TIP. Meritas Wealth Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. Meritas Wealth Management LLC now owns 5,658 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 100 shares in the last quarter. Bragg Financial Advisors Inc boosted its holdings in shares of iShares TIPS Bond ETF by 0.6% during the 4th quarter. Bragg Financial Advisors Inc now owns 17,600 shares of the exchange traded fund’s stock valued at $1,873,000 after acquiring an additional 101 shares in the last quarter. Cedar Brook Financial Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.8% during the 3rd quarter. Cedar Brook Financial Partners LLC now owns 12,742 shares of the exchange traded fund’s stock valued at $1,322,000 after acquiring an additional 101 shares in the last quarter. Gradient Investments LLC boosted its holdings in shares of iShares TIPS Bond ETF by 15.6% during the 3rd quarter. Gradient Investments LLC now owns 763 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 103 shares in the last quarter. Finally, AlphaCore Capital LLC boosted its holdings in shares of iShares TIPS Bond ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock valued at $193,000 after acquiring an additional 103 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded down $0.43 during mid-day trading on Tuesday, hitting $105.35. 4,094,575 shares of the stock traded hands, compared to its average volume of 2,216,788. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.88. The company has a market cap of $18.50 billion, a PE ratio of 11.92 and a beta of 0.09. The firm has a 50 day simple moving average of $106.64 and a two-hundred day simple moving average of $105.78.

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).