iShares TIPS Bond ETF $TIP Shares Sold by Nvwm LLC

Nvwm LLC cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 61.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,860 shares of the exchange traded fund’s stock after selling 2,987 shares during the quarter. Nvwm LLC’s holdings in iShares TIPS Bond ETF were worth $205,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TIP. Gladwyn Financial Advisors Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in iShares TIPS Bond ETF in the 1st quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares TIPS Bond ETF in the second quarter worth $28,000. Avalon Trust Co acquired a new position in iShares TIPS Bond ETF during the 1st quarter valued at about $31,000. Finally, Grove Bank & Trust acquired a new position in iShares TIPS Bond ETF during the 2nd quarter valued at about $31,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.0%

TIP stock opened at $110.90 on Friday. The firm’s 50-day moving average is $111.41 and its two-hundred day moving average is $110.15. The company has a market capitalization of $14.08 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $106.04 and a 52 week high of $112.26.

iShares TIPS Bond ETF 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).