Raymond James Financial Services Advisors Inc. lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 24.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 304,461 shares of the exchange traded fund’s stock after selling 100,743 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $32,727,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the business. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth $26,000. Fortis Group Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth $27,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $28,000. Covestor Ltd purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth $33,000. Finally, Sound Income Strategies LLC increased its position in iShares TIPS Bond ETF by 108.7% during the 4th quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 188 shares in the last quarter.
iShares TIPS Bond ETF Stock Up 0.3 %
Shares of NYSEARCA:TIP opened at $107.37 on Thursday. The business’s 50-day moving average is $106.75 and its 200 day moving average is $105.59. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $111.26.
About iShares TIPS Bond ETF
(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…
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