home Latest News iShares TIPS Bond ETF (TIP) Holdings Trimmed by Destination Wealth Management – Fairfield Current

iShares TIPS Bond ETF (TIP) Holdings Trimmed by Destination Wealth Management – Fairfield Current

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Destination Wealth Management reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 27.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 665 shares of the exchange traded fund’s stock after selling 253 shares during the quarter. Destination Wealth Management’s holdings in iShares TIPS Bond ETF were worth $73,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Westside Investment Management Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 47.6% in the fourth quarter. Westside Investment Management Inc. now owns 22,867 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 7,373 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares TIPS Bond ETF by 13.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 242,183 shares of the exchange traded fund’s stock valued at $26,521,000 after buying an additional 28,164 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 16.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 16,936 shares of the exchange traded fund’s stock valued at $1,855,000 after buying an additional 2,386 shares during the period. Emerson Wealth Management LLC purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $9,264,000. Finally, Wesbanco Bank Inc. lifted its stake in shares of iShares TIPS Bond ETF by 18.4% during the fourth quarter. Wesbanco Bank Inc. now owns 16,846 shares of the exchange traded fund’s stock valued at $1,845,000 after buying an additional 2,620 shares during the period.

Shares of TIP opened at $110.55 on Wednesday. iShares TIPS Bond ETF has a 1 year low of $107.53 and a 1 year high of $113.22.

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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).

Further Reading: Book Value Per Share in Stock Trading

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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