iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by WealthNavi Inc.

WealthNavi Inc. lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 884,044 shares of the exchange traded fund’s stock after selling 45,107 shares during the quarter. iShares TIPS Bond ETF accounts for about 1.1% of WealthNavi Inc.’s investment portfolio, making the stock its 10th largest position. WealthNavi Inc. owned 0.51% of iShares TIPS Bond ETF worth $97,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of TIP. Goldman Sachs Group Inc. grew its position in iShares TIPS Bond ETF by 1.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 181,407 shares of the exchange traded fund’s stock worth $19,499,000 after acquiring an additional 2,805 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of iShares TIPS Bond ETF by 136.1% in the first quarter. Pinnacle Bancorp Inc. now owns 5,284 shares of the exchange traded fund’s stock valued at $568,000 after buying an additional 3,046 shares during the last quarter. Norway Savings Bank raised its holdings in shares of iShares TIPS Bond ETF by 5.8% in the first quarter. Norway Savings Bank now owns 12,686 shares of the exchange traded fund’s stock valued at $1,363,000 after buying an additional 691 shares during the last quarter. Annapolis Financial Services LLC lifted its position in iShares TIPS Bond ETF by 645.2% during the 1st quarter. Annapolis Financial Services LLC now owns 462 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 400 shares in the last quarter. Finally, Pettinga Financial Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 17.5% during the first quarter. Pettinga Financial Advisors LLC now owns 15,410 shares of the exchange traded fund’s stock valued at $1,655,000 after purchasing an additional 2,294 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded up $0.29 during midday trading on Thursday, hitting $108.74. The stock had a trading volume of 285,093 shares, compared to its average volume of 1,888,046. The firm has a market cap of $18.87 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 $102.40 and a fifty-two week high of $111.06. The company’s 50-day simple moving average is $109.62 and its 200 day simple moving average is $107.75.

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).