Twin Focus Capital Partners LLC Sells 1,492 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Twin Focus Capital Partners LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 108,494 shares of the exchange traded fund’s stock after selling 1,492 shares during the period. iShares TIPS Bond ETF accounts for 1.9% of Twin Focus Capital Partners LLC’s portfolio, making the stock its 13th largest position. Twin Focus Capital Partners LLC owned approximately 0.09% of iShares TIPS Bond ETF worth $12,053,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TIP. Envestnet Asset Management Inc. increased its position in iShares TIPS Bond ETF by 7.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,161,741 shares of the exchange traded fund’s stock valued at $240,148,000 after buying an additional 141,703 shares in the last quarter. Sumitomo Life Insurance Co. grew its stake in shares of iShares TIPS Bond ETF by 10.0% in the first quarter. Sumitomo Life Insurance Co. now owns 1,607,733 shares of the exchange traded fund’s stock worth $178,603,000 after acquiring an additional 145,987 shares during the last quarter. 3EDGE Asset Management LP increased its holdings in shares of iShares TIPS Bond ETF by 96.5% during the first quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock valued at $173,431,000 after acquiring an additional 766,851 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares TIPS Bond ETF by 3.2% in the 1st quarter. LPL Financial LLC now owns 1,138,764 shares of the exchange traded fund’s stock worth $126,505,000 after purchasing an additional 34,866 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of iShares TIPS Bond ETF by 3,416.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,044,440 shares of the exchange traded fund’s stock worth $111,285,000 after purchasing an additional 1,014,735 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $110.04 on Friday. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $111.50. The firm’s 50-day moving average is $109.59 and its 200 day moving average is $109.31. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19.

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).