EP Wealth Advisors LLC Lowers Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

EP Wealth Advisors LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,413 shares of the exchange traded fund’s stock after selling 5,220 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $2,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth about $105,000. Exencial Wealth Advisors LLC lifted its position in iShares TIPS Bond ETF by 40.5% in the 4th quarter. Exencial Wealth Advisors LLC now owns 31,529 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 9,082 shares in the last quarter. Morningstar Investment Services LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $425,000. Angeles Wealth Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 13,850.0% in the 4th quarter. Angeles Wealth Management LLC now owns 4,743 shares of the exchange traded fund’s stock worth $510,000 after purchasing an additional 4,709 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth $114,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $110.71 on Wednesday. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $111.06. The business’s fifty day moving average is $109.20 and its 200 day moving average is $107.48. The stock has a market capitalization of $19.21 billion, a PE 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).