James Investment Research Inc. Sells 2,433 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

James Investment Research Inc. reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,634 shares of the exchange traded fund’s stock after selling 2,433 shares during the quarter. James Investment Research Inc.’s holdings in iShares TIPS Bond ETF were worth $5,041,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at $26,000. Private Ocean LLC grew its position in shares of iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares in the last quarter. Gradient Investments LLC grew its position in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 261 shares in the last quarter. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF in the third quarter valued at $37,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the second quarter valued at $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $107.76 on Friday. The stock has a market cap of $18.70 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $103.19 and a fifty-two week high of $111.06. The stock has a fifty day moving average of $109.54 and a 200-day moving average of $107.84.

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).