Fiducient Advisors LLC Decreases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fiducient Advisors LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,887 shares of the exchange traded fund’s stock after selling 99 shares during the quarter. Fiducient Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $310,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TIP. Simplicity Solutions LLC boosted its holdings in iShares TIPS Bond ETF by 43.1% in the 3rd quarter. Simplicity Solutions LLC now owns 9,208 shares of the exchange traded fund’s stock worth $955,000 after acquiring an additional 2,775 shares during the period. Brookstone Capital Management boosted its stake in shares of iShares TIPS Bond ETF by 19.7% during the 3rd quarter. Brookstone Capital Management now owns 45,469 shares of the exchange traded fund’s stock valued at $4,662,000 after buying an additional 7,481 shares during the last quarter. Colton Groome Financial Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $368,000. Litman Gregory Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 6.7% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 2,781 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 174 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $371,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP traded down $0.51 during trading hours on Tuesday, reaching $105.53. 3,238,355 shares of the company’s stock traded hands, compared to its average volume of 2,187,212. The firm has a market capitalization of $18.31 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47. The business’s fifty day simple moving average is $106.51 and its two-hundred day simple moving average is $105.99.

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).