First Trust Advisors LP Lowers Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

First Trust Advisors LP reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Get Rating) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,812 shares of the exchange traded fund’s stock after selling 1,628 shares during the period. First Trust Advisors LP’s holdings in iShares TIPS Bond ETF were worth $7,113,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TIP. Baron Silver Stevens Financial Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at about $364,000. Ritter Daniher Financial Advisory LLC DE bought a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at about $28,000. Wolff Wiese Magana LLC increased its stake in iShares TIPS Bond ETF by 146.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 342 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at about $46,000. Finally, Standard Family Office LLC bought a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at about $42,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.91 on Tuesday. The firm has a 50-day simple moving average of $107.89 and a two-hundred day simple moving average of $107.80. iShares TIPS Bond ETF has a fifty-two week low of $104.63 and a fifty-two week high of $127.77.

iShares TIPS Bond ETF Profile

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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).