Creative Planning Reduces Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Creative Planning trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,781 shares of the exchange traded fund’s stock after selling 17,197 shares during the period. Creative Planning owned approximately 0.07% of iShares TIPS Bond ETF worth $12,569,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Colony Family Offices LLC raised its stake in 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 valued at $205,000 after buying an additional 97 shares during the last quarter. Citizens & Northern Corp grew its stake in shares of iShares TIPS Bond ETF by 3.0% during the 2nd quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 102 shares during the period. TNF LLC increased its position in shares of iShares TIPS Bond ETF by 1.1% during the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after purchasing an additional 105 shares during the last quarter. Regal Investment Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF by 2.0% in the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock worth $588,000 after purchasing an additional 108 shares during the period. Finally, Private Ocean LLC boosted its holdings in shares of iShares TIPS Bond ETF by 66.7% in the second 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 last quarter.

iShares TIPS Bond ETF Trading Down 0.7 %

Shares of TIP stock opened at $108.57 on Tuesday. iShares TIPS Bond ETF has a 12 month low of $102.32 and a 12 month high of $111.06. The stock has a market cap of $18.84 billion, a P/E ratio of 11.86 and a beta of 0.09. The company has a 50 day simple moving average of $109.62 and a two-hundred day simple moving average of $107.73.

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).