Treynor Bancshares Inc. Sells 30,926 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Treynor Bancshares Inc. lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 66.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,699 shares of the exchange traded fund’s stock after selling 30,926 shares during the period. iShares TIPS Bond ETF makes up 1.8% of Treynor Bancshares Inc.’s portfolio, making the stock its 22nd biggest position. Treynor Bancshares Inc.’s holdings in iShares TIPS Bond ETF were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of TIP. YHB Investment Advisors Inc. acquired a new stake in iShares TIPS Bond ETF during the 1st quarter worth $30,000. Private Ocean LLC grew its position in shares of iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares during the period. Salem Investment Counselors Inc. bought a new stake in iShares TIPS Bond ETF during the 1st quarter worth approximately $36,000. Gradient Investments LLC raised its holdings in iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares during the period. Finally, Hobbs Group Advisors LLC bought a new position in iShares TIPS Bond ETF in the second quarter valued at approximately $40,000.

iShares TIPS Bond ETF Stock Up 0.0 %

Shares of TIP stock opened at $110.56 on Tuesday. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $111.06. The firm has a fifty day moving average of $108.83 and a 200-day moving average of $107.33. The company has a market capitalization of $19.18 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).