King Wealth Management Group Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

King Wealth Management Group cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,401 shares of the exchange traded fund’s stock after selling 275 shares during the period. King Wealth Management Group’s holdings in iShares TIPS Bond ETF were worth $376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Tsfg LLC boosted its holdings in iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares in the last quarter. Citizens & Northern Corp boosted its holdings in shares of iShares TIPS Bond ETF by 3.0% in the 2nd quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 102 shares in the last quarter. TNF LLC grew its position in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after buying an additional 105 shares during the last quarter. Finally, Regal Investment Advisors LLC raised its stake in iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock worth $588,000 after acquiring an additional 108 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $107.42 on Friday. The company has a fifty day moving average of $109.35 and a two-hundred day moving average of $107.98. The company has a market capitalization of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $103.76 and a 1 year high of $111.06.

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).