Castleview Partners LLC Sells 346 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

by · The Cerbat Gem

Castleview Partners LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,223 shares of the exchange traded fund’s stock after selling 346 shares during the quarter. Castleview Partners LLC’s holdings in iShares TIPS Bond ETF were worth $577,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of iShares TIPS Bond ETF during the 1st quarter worth $201,931,000. Sumitomo Life Insurance Co. bought a new position in shares of iShares TIPS Bond ETF in the third quarter worth about $102,200,000. Envestnet Asset Management Inc. boosted its stake in shares of iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after purchasing an additional 410,284 shares in the last quarter. Quotient Wealth Partners LLC grew its holdings in shares of iShares TIPS Bond ETF by 6,782.8% during the 2nd quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock valued at $39,599,000 after purchasing an additional 365,458 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in iShares TIPS Bond ETF by 14,118.3% during the 1st quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock worth $38,531,000 after purchasing an additional 356,204 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.5 %

NYSEARCA:TIP traded down $0.55 on Monday, hitting $108.81. The company had a trading volume of 509,552 shares, compared to its average volume of 1,894,512. iShares TIPS Bond ETF has a 52 week low of $102.32 and a 52 week high of $111.06. The stock has a market capitalization of $18.88 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm has a 50 day moving average of $109.62 and a two-hundred day moving average of $107.72.

iShares TIPS Bond ETF Profile

(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 fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).

Featured Articles