Journey Advisory Group LLC Sells 400 Shares of iShares TIPS Bond ETF $TIP

Journey Advisory Group LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,812 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares TIPS Bond ETF were worth $419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in iShares TIPS Bond ETF by 7.0% during the first quarter. Envestnet Asset Management Inc. now owns 2,161,741 shares of the exchange traded fund’s stock worth $240,148,000 after buying an additional 141,703 shares during the last quarter. Sumitomo Life Insurance Co. increased its holdings in iShares TIPS Bond ETF by 10.0% during 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 buying an additional 145,987 shares during the last quarter. 3EDGE Asset Management LP increased its holdings in 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 worth $173,431,000 after buying an additional 766,851 shares during the last quarter. LPL Financial LLC increased its holdings in iShares TIPS Bond ETF by 3.2% during the first quarter. LPL Financial LLC now owns 1,138,764 shares of the exchange traded fund’s stock worth $126,505,000 after buying an additional 34,866 shares during the last quarter. Finally, Partners Capital Investment Group LLP increased its holdings in iShares TIPS Bond ETF by 80.5% during the first quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock worth $113,756,000 after buying an additional 456,633 shares during the last quarter. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Up 0.1%

Shares of NYSEARCA:TIP opened at $111.78 on Tuesday. The firm has a market capitalization of $14.14 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The company has a 50-day moving average price of $111.15 and a two-hundred day moving average price of $109.90.

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).