Verus Capital Partners LLC Decreases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Verus Capital Partners LLC cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 51.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,738 shares of the exchange traded fund’s stock after selling 9,129 shares during the period. Verus Capital Partners LLC’s holdings in iShares TIPS Bond ETF were worth $965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its stake 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 buying an additional 398,292 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $213,000. TIAA Trust National Association grew its position in shares of iShares TIPS Bond ETF by 3.2% in the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock valued at $9,447,000 after purchasing an additional 2,776 shares in the last quarter. Buck Wealth Strategies LLC grew its position in shares of iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after purchasing an additional 62,426 shares in the last quarter. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $27,453,000.

iShares TIPS Bond ETF Stock Down 0.5 %

Shares of NYSEARCA:TIP opened at $107.64 on Wednesday. iShares TIPS Bond ETF has a 52-week low of $103.19 and a 52-week high of $111.06. The stock has a market cap of $18.68 billion, a P/E ratio of 11.86 and a beta of 0.09. The business has a fifty day moving average of $109.42 and a two-hundred day moving average of $107.97.

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).