Mount Yale Investment Advisors LLC Sells 208 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Mount Yale Investment Advisors LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,745 shares of the exchange traded fund’s stock after selling 208 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TIP. Colony Family Offices LLC grew its position in shares of iShares TIPS Bond ETF by 5.4% during the 1st quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock worth $205,000 after buying an additional 97 shares during the period. Citizens & Northern Corp raised its holdings in iShares TIPS Bond ETF by 3.0% in the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 102 shares during the period. Clear Investment Research LLC boosted its position in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after purchasing an additional 103 shares in the last quarter. TNF LLC grew its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after buying an additional 105 shares during the period. Finally, Private Ocean LLC raised its stake in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares during the period.

iShares TIPS Bond ETF Trading Up 0.0 %

NYSEARCA:TIP opened at $110.56 on Tuesday. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $111.06. The stock has a 50-day moving average price of $108.83 and a two-hundred day moving average price of $107.33. The stock has a market cap of $19.18 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).