iShares TIPS Bond ETF $TIP Shares Sold by SigFig Wealth Management LLC

SigFig Wealth Management LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,344 shares of the exchange traded fund’s stock after selling 1,022 shares during the period. SigFig Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $3,111,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its holdings in shares of iShares TIPS Bond ETF by 2.6% in the first quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after purchasing an additional 9,526 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares TIPS Bond ETF by 24.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 178,402 shares of the exchange traded fund’s stock valued at $19,819,000 after purchasing an additional 35,058 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 295.0% in the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 177 shares in the last quarter. Fiera Capital Corp grew its holdings in shares of iShares TIPS Bond ETF by 3.8% in the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 165 shares in the last quarter. Finally, Mackenzie Financial Corp grew its holdings in shares of iShares TIPS Bond ETF by 13.2% in the first quarter. Mackenzie Financial Corp now owns 54,000 shares of the exchange traded fund’s stock valued at $5,999,000 after purchasing an additional 6,300 shares in the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $111.22 on Wednesday. The stock has a market capitalization of $13.86 billion, a P/E ratio of 12.40 and a beta of 0.19. The company has a 50 day moving average price of $110.78 and a 200 day moving average price of $109.79. iShares TIPS Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $112.26.

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).