Envestnet Asset Management Inc. Sells 18,512 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Envestnet Asset Management Inc. lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,787,188 shares of the exchange traded fund’s stock after selling 18,512 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares TIPS Bond ETF were worth $321,892,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TIP. Ellevest Inc. bought a new position in iShares TIPS Bond ETF during the first quarter valued at $25,000. Glassman Wealth Services bought a new position in iShares TIPS Bond ETF during the first quarter valued at $25,000. Gemmer Asset Management LLC lifted its position in iShares TIPS Bond ETF by 11,750.0% during the first quarter. Gemmer Asset Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 235 shares during the last quarter. Coastal Capital Group Inc. bought a new position in iShares TIPS Bond ETF during the second quarter valued at $28,000. Finally, Versant Capital Management Inc bought a new position in iShares TIPS Bond ETF during the first quarter valued at $30,000.

TIP stock traded up $0.25 during trading on Thursday, hitting $117.29. 605,931 shares of the company’s stock traded hands, compared to its average volume of 1,281,210. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $117.25. The firm has a fifty day simple moving average of $115.37.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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