iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 21.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,207 shares of the exchange traded fund’s stock after selling 3,648 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares TIPS Bond ETF were worth $1,420,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TIP. Fortis Group Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the third quarter worth $27,000. Trifecta Capital Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $27,000. Life Planning Partners Inc purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $30,000. Covestor Ltd acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $33,000. Finally, Pacific Capital Wealth Advisors Inc. purchased a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $33,000.

iShares TIPS Bond ETF Stock Up 0.4 %

iShares TIPS Bond ETF stock traded up $0.38 during mid-day trading on Thursday, hitting $106.22. The company had a trading volume of 2,047,073 shares, compared to its average volume of 2,176,433. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $109.99. The business has a fifty day moving average of $106.46 and a 200 day moving average of $106.09. The stock has a market cap of $18.43 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).