NBC Securities Inc. Has $98,000 Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

NBC Securities Inc. lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 62.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 891 shares of the exchange traded fund’s stock after selling 1,499 shares during the quarter. NBC Securities Inc.’s holdings in iShares TIPS Bond ETF were worth $98,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of TIP. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in iShares TIPS Bond ETF in the 1st quarter valued at about $201,931,000. Envestnet Asset Management Inc. increased its position in shares of iShares TIPS Bond ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after acquiring an additional 410,284 shares during the last quarter. Quotient Wealth Partners LLC increased its position in shares of iShares TIPS Bond ETF by 6,782.8% during the second quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock valued at $39,599,000 after acquiring an additional 365,458 shares during the last quarter. SG Americas Securities LLC lifted its holdings in iShares TIPS Bond ETF by 14,118.3% during the first quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock worth $38,531,000 after acquiring an additional 356,204 shares during the period. Finally, Cetera Investment Advisers boosted its position in iShares TIPS Bond ETF by 192.4% in the first quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock worth $45,402,000 after purchasing an additional 278,153 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $109.36 on Monday. The company has a market capitalization of $18.97 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $102.32 and a 1 year high of $111.06. The business has a fifty day moving average price of $109.62 and a two-hundred day moving average price of $107.72.

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).