iShares TIPS Bond ETF $TIP Shares Sold by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC lessened its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,866 shares of the exchange traded fund’s stock after selling 8,646 shares during the period. NorthCrest Asset Manangement LLC’s holdings in iShares TIPS Bond ETF were worth $1,875,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares TIPS Bond ETF by 5.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 171,382 shares of the exchange traded fund’s stock valued at $19,053,000 after purchasing an additional 9,239 shares during the last quarter. Archvest Wealth Advisors Inc. raised its position in shares of iShares TIPS Bond ETF by 3.0% during the 3rd quarter. Archvest Wealth Advisors Inc. now owns 15,339 shares of the exchange traded fund’s stock worth $1,706,000 after purchasing an additional 442 shares during the period. Sterling Investment Advisors LLC ADV boosted its position in iShares TIPS Bond ETF by 12.9% during the 3rd quarter. Sterling Investment Advisors LLC ADV now owns 58,448 shares of the exchange traded fund’s stock valued at $6,501,000 after purchasing an additional 6,691 shares during the period. Glass Jacobson Investment Advisors llc boosted its position in iShares TIPS Bond ETF by 11.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,508 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 250 shares during the period. Finally, Smithbridge Asset Management Inc. DE bought a new position in iShares TIPS Bond ETF during the 3rd quarter worth $458,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $109.69 on Wednesday. The firm has a market capitalization of $13.97 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26. The business’s fifty day moving average price is $110.40 and its two-hundred day moving average price is $110.67.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.