Beacon Financial Advisory LLC Decreases Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Beacon Financial Advisory LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 30.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,064 shares of the exchange traded fund’s stock after selling 1,355 shares during the period. Beacon Financial Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $329,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of iShares TIPS Bond ETF by 17.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after acquiring an additional 835,933 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares TIPS Bond ETF by 179.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after acquiring an additional 3,232,628 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of iShares TIPS Bond ETF by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after acquiring an additional 148,842 shares during the period. Rock Creek Group LP grew its position in shares of iShares TIPS Bond ETF by 1,992.9% during the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after acquiring an additional 2,624,661 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares TIPS Bond ETF by 37.7% during the 3rd quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock valued at $223,520,000 after acquiring an additional 589,881 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $106.35 on Wednesday. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $111.26. The firm has a fifty day moving average price of $106.77 and a 200-day moving average price of $105.64.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

Featured Articles

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:TIPFree Report).

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

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.