Oder Investment Management LLC Sells 119 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Oder Investment Management LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,870 shares of the exchange traded fund’s stock after selling 119 shares during the period. Oder Investment Management LLC’s holdings in iShares TIPS Bond ETF were worth $416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its stake in iShares TIPS Bond ETF by 89.2% during the second quarter. Sound Income Strategies LLC now owns 246 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 116 shares during the period. Coppell Advisory Solutions Corp. acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $26,000. Fortis Capital Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $28,000. Brown Brothers Harriman & Co. increased its holdings in shares of iShares TIPS Bond ETF by 75.7% during the second quarter. Brown Brothers Harriman & Co. now owns 311 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 134 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of iShares TIPS Bond ETF by 3.7% during the first quarter. Northern Trust Corp now owns 33,068 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,176 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.5 %

NYSEARCA TIP opened at $103.02 on Tuesday. The company has a 50 day moving average of $103.76 and a 200-day moving average of $106.06. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $111.26.

iShares TIPS Bond ETF Company 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).