4Thought Financial Group Inc. Has $298,000 Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

4Thought Financial Group Inc. reduced its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 54.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,698 shares of the exchange traded fund’s stock after selling 3,248 shares during the quarter. 4Thought Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of TIP. Wealth Enhancement Advisory Services LLC raised its holdings in iShares TIPS Bond ETF by 1.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 155,616 shares of the exchange traded fund’s stock worth $17,191,000 after buying an additional 1,821 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of iShares TIPS Bond ETF by 5.3% during the third quarter. Consolidated Portfolio Review Corp now owns 4,967 shares of the exchange traded fund’s stock worth $549,000 after acquiring an additional 250 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of iShares TIPS Bond ETF by 7.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 104,792 shares of the exchange traded fund’s stock worth $11,584,000 after acquiring an additional 6,848 shares during the period. Lyell Wealth Management LP boosted its stake in iShares TIPS Bond ETF by 1.9% in the 3rd quarter. Lyell Wealth Management LP now owns 26,368 shares of the exchange traded fund’s stock worth $2,913,000 after purchasing an additional 491 shares during the period. Finally, CWC Advisors LLC. acquired a new position in iShares TIPS Bond ETF in the 3rd quarter worth $1,059,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP traded down $0.29 during midday trading on Friday, hitting $108.27. The stock had a trading volume of 1,677,483 shares, compared to its average volume of 1,892,922. The firm has a market cap of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a 50 day simple moving average of $109.62 and a two-hundred day simple moving average of $107.77. iShares TIPS Bond ETF has a twelve month low of $102.46 and a twelve month high of $111.06.

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).