AlphaMark Advisors LLC Sells 475 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

AlphaMark Advisors LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,475 shares of the exchange traded fund’s stock after selling 475 shares during the period. AlphaMark Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $157,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TIP. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the 2nd quarter valued at $26,000. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL raised its holdings in shares of iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the last quarter. Sound Income Strategies LLC lifted its position in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 298 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth about $96,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA TIP opened at $107.43 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a 50-day moving average of $107.38 and a two-hundred day moving average of $108.30. The company has a market cap of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).