Park Avenue Securities LLC Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Park Avenue Securities LLC lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 62.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,425 shares of the exchange traded fund’s stock after selling 5,590 shares during the period. Park Avenue Securities LLC’s holdings in iShares TIPS Bond ETF were worth $365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tsfg LLC grew its stake in iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares during the period. KMG Fiduciary Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after buying an additional 100 shares during the last quarter. Regal Investment Advisors LLC grew its position in iShares TIPS Bond ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the period. First United Bank & Trust increased its holdings in iShares TIPS Bond ETF by 3.2% during the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after buying an additional 108 shares during the last quarter. Finally, FC Advisory LLC raised its position in iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares during the period.

iShares TIPS Bond ETF Stock Up 0.2 %

TIP opened at $107.43 on Friday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The company’s 50-day moving average price is $107.38 and its two-hundred day moving average price is $108.30. The stock has a market cap of $18.64 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).