Stone House Investment Management LLC Trims Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stone House Investment Management LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 83.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,060 shares of the exchange traded fund’s stock after selling 15,643 shares during the quarter. Stone House Investment Management LLC’s holdings in iShares TIPS Bond ETF were worth $329,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TIP. Roundview Capital LLC raised its position in iShares TIPS Bond ETF by 2.2% in the first quarter. Roundview Capital LLC now owns 17,627 shares of the exchange traded fund’s stock valued at $2,196,000 after purchasing an additional 379 shares during the period. Synovus Financial Corp increased its position in shares of iShares TIPS Bond ETF by 20.0% during the first quarter. Synovus Financial Corp now owns 10,650 shares of the exchange traded fund’s stock worth $1,325,000 after acquiring an additional 1,778 shares during the period. Prudential PLC purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $1,619,000. Mather Group LLC. purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $236,000. Finally, Laurel Wealth Advisors Inc. increased its position in shares of iShares TIPS Bond ETF by 30.6% during the first quarter. Laurel Wealth Advisors Inc. now owns 20,907 shares of the exchange traded fund’s stock worth $2,604,000 after acquiring an additional 4,893 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock traded up $0.38 during trading hours on Wednesday, reaching $105.73. 2,141,665 shares of the company were exchanged, compared to its average volume of 2,214,347. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $110.88. The stock’s fifty day moving average is $106.61 and its 200 day moving average is $105.79. The firm has a market cap of $18.57 billion, a PE ratio of 11.92 and a beta of 0.09.

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).