Evexia Wealth LLC Sells 3,454 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Evexia Wealth LLC reduced its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 46.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,986 shares of the exchange traded fund’s stock after selling 3,454 shares during the period. Evexia Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $426,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Baystate Wealth Management LLC increased its position in shares of iShares TIPS Bond ETF by 1,375.6% during the third quarter. Baystate Wealth Management LLC now owns 605 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 564 shares during the period. Park Avenue Securities LLC raised its stake in shares of iShares TIPS Bond ETF by 1,949.5% in the 3rd quarter. Park Avenue Securities LLC now owns 249,523 shares of the exchange traded fund’s stock valued at $25,881,000 after buying an additional 237,348 shares in the last quarter. Altfest L J & Co. Inc. bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $3,702,000. Hoxton Planning & Management LLC boosted its position in shares of iShares TIPS Bond ETF by 51.3% during the 3rd quarter. Hoxton Planning & Management LLC now owns 12,882 shares of the exchange traded fund’s stock valued at $1,336,000 after acquiring an additional 4,370 shares in the last quarter. Finally, Walker Asset Management LLC raised its position in iShares TIPS Bond ETF by 2.7% in the third quarter. Walker Asset Management LLC now owns 4,873 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 129 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP traded down $0.02 during trading on Tuesday, reaching $105.96. 2,088,690 shares of the company traded hands, compared to its average volume of 2,185,500. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.99. The stock’s 50 day moving average price is $106.47 and its two-hundred day moving average price is $106.09. The company has a market cap of $18.38 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).