iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Founders Capital Management

Founders Capital Management reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,605 shares of the exchange traded fund’s stock after selling 141 shares during the period. Founders Capital Management’s holdings in iShares TIPS Bond ETF were worth $388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. lifted its position in iShares TIPS Bond ETF by 1.7% during the 1st quarter. BlackRock Inc. now owns 28,341,483 shares of the exchange traded fund’s stock worth $3,124,649,000 after acquiring an additional 462,216 shares in the last quarter. FMR LLC lifted its position in iShares TIPS Bond ETF by 40.7% during the 1st quarter. FMR LLC now owns 7,353,341 shares of the exchange traded fund’s stock worth $810,706,000 after acquiring an additional 2,127,591 shares in the last quarter. State Street Corp lifted its position in iShares TIPS Bond ETF by 3.6% during the 3rd quarter. State Street Corp now owns 1,452,969 shares of the exchange traded fund’s stock worth $152,416,000 after acquiring an additional 50,689 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in iShares TIPS Bond ETF by 256.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,309,485 shares of the exchange traded fund’s stock worth $144,371,000 after acquiring an additional 942,207 shares in the last quarter. Finally, Matson Money. Inc. lifted its position in iShares TIPS Bond ETF by 2.1% during the 1st quarter. Matson Money. Inc. now owns 1,274,297 shares of the exchange traded fund’s stock worth $140,491,000 after acquiring an additional 26,810 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP traded down $0.13 during trading on Friday, reaching $105.24. The company’s stock had a trading volume of 426,193 shares, compared to its average volume of 3,455,019. The company has a fifty day moving average of $106.10 and a two-hundred day moving average of $107.77. iShares TIPS Bond ETF has a twelve month low of $104.57 and a twelve month high of $111.26.

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).