Brookstone Capital Management Sells 36,451 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Brookstone Capital Management lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 29.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,006 shares of the exchange traded fund’s stock after selling 36,451 shares during the period. Brookstone Capital Management’s holdings in iShares TIPS Bond ETF were worth $10,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. grew its position in iShares TIPS Bond ETF by 0.9% in the 1st quarter. BlackRock Inc. now owns 27,461,882 shares of the exchange traded fund’s stock worth $3,420,926,000 after purchasing an additional 257,714 shares during the period. Bank of America Corp DE grew its position in iShares TIPS Bond ETF by 2.1% in the 1st quarter. Bank of America Corp DE now owns 19,957,566 shares of the exchange traded fund’s stock worth $2,486,114,000 after purchasing an additional 406,793 shares during the period. LPL Financial LLC grew its position in iShares TIPS Bond ETF by 31.0% in the 4th quarter. LPL Financial LLC now owns 4,598,385 shares of the exchange traded fund’s stock worth $594,111,000 after purchasing an additional 1,087,593 shares during the period. UBS Group AG grew its position in iShares TIPS Bond ETF by 316.1% in the 1st quarter. UBS Group AG now owns 4,129,432 shares of the exchange traded fund’s stock worth $514,403,000 after purchasing an additional 6,040,033 shares during the period. Finally, Wells Fargo & Company MN grew its position in iShares TIPS Bond ETF by 10.5% in the 4th quarter. Wells Fargo & Company MN now owns 3,496,646 shares of the exchange traded fund’s stock worth $451,767,000 after purchasing an additional 332,568 shares during the period.

iShares TIPS Bond ETF Stock Down 0.4 %

NYSEARCA:TIP opened at $109.70 on Monday. The company has a 50 day simple moving average of $114.35 and a two-hundred day simple moving average of $118.14. iShares TIPS Bond ETF has a 12 month low of $109.64 and a 12 month high of $131.37.

About iShares TIPS Bond ETF

(Get Rating)

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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