Stokes Family Office LLC Reduces Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stokes Family Office LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,945 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. Stokes Family Office LLC’s holdings in iShares TIPS Bond ETF were worth $3,219,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortis Group Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $27,000. Trifecta Capital Advisors LLC bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $27,000. Life Planning Partners Inc acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $30,000. Covestor Ltd acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth $33,000. Finally, Sound Income Strategies LLC grew its position in iShares TIPS Bond ETF by 108.7% during the 4th quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 188 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock traded up $0.54 during trading hours on Friday, hitting $105.93. The company had a trading volume of 2,387,309 shares, compared to its average volume of 2,200,094. The firm has a market capitalization of $18.38 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $110.47. The firm’s fifty day moving average is $106.48 and its 200-day moving average is $105.98.

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).