McAdam LLC Sells 1,188 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

McAdam LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,704 shares of the exchange traded fund’s stock after selling 1,188 shares during the quarter. McAdam LLC’s holdings in iShares TIPS Bond ETF were worth $395,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TIP. GenTrust LLC lifted its position in shares of iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after buying an additional 1,804 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Curran Financial Partners LLC increased its stake in shares of iShares TIPS Bond ETF by 0.8% in the third quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock worth $2,030,000 after purchasing an additional 145 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in shares of iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after purchasing an additional 3,183 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $108.01 on Monday. The company has a fifty day moving average of $107.39 and a 200 day moving average of $108.33. The company has a market capitalization of $18.74 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06.

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).