iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Position Decreased by MGO Private Wealth LLC

MGO Private Wealth LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 32.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,250 shares of the exchange traded fund’s stock after selling 1,527 shares during the period. MGO Private Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $349,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Meritas Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. Meritas Wealth Management LLC now owns 5,658 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 100 shares during the period. Gradient Investments LLC lifted its stake in iShares TIPS Bond ETF by 15.6% in the third quarter. Gradient Investments LLC now owns 763 shares of the exchange traded fund’s stock valued at $79,000 after buying an additional 103 shares during the last quarter. AlphaCore Capital LLC boosted its holdings in shares of iShares TIPS Bond ETF by 5.9% during the third 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 during the period. Welch & Forbes LLC grew its position in shares of iShares TIPS Bond ETF by 0.4% during the third quarter. Welch & Forbes LLC now owns 26,805 shares of the exchange traded fund’s stock worth $2,780,000 after acquiring an additional 104 shares during the last quarter. Finally, Fortune Financial Advisors LLC increased its holdings in shares of iShares TIPS Bond ETF by 0.5% in the 3rd quarter. Fortune Financial Advisors LLC now owns 19,823 shares of the exchange traded fund’s stock worth $2,056,000 after acquiring an additional 107 shares during the period.

iShares TIPS Bond ETF Trading Up 0.3 %

NYSEARCA:TIP traded up $0.27 during mid-day trading on Friday, hitting $105.78. The stock had a trading volume of 1,382,555 shares, compared to its average volume of 2,184,771. The company has a 50 day simple moving average of $106.53 and a 200-day simple moving average of $105.94. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $110.47. The stock has a market capitalization of $18.57 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09.

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).