iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Laidlaw Wealth Management LLC

Laidlaw Wealth Management LLC lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 10.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,929 shares of the exchange traded fund’s stock after selling 328 shares during the period. Laidlaw Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $315,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of iShares TIPS Bond ETF by 17.6% during the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 179.2% in the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after buying an additional 3,232,628 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock worth $385,494,000 after buying an additional 148,842 shares during the last quarter. Rock Creek Group LP increased its stake in shares of iShares TIPS Bond ETF by 1,992.9% in the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock worth $285,890,000 after buying an additional 2,624,661 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares TIPS Bond ETF by 37.7% in the third quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock worth $223,520,000 after buying an additional 589,881 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP traded up $0.44 during midday trading on Thursday, reaching $106.32. The company had a trading volume of 1,055,233 shares, compared to its average volume of 2,123,455. The stock’s fifty day moving average price is $106.27 and its 200-day moving average price is $106.40. The stock has a market capitalization of $18.45 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $108.54.

iShares TIPS Bond ETF 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).

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

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