Venturi Wealth Management LLC Cuts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Venturi Wealth Management LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 22.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 648 shares of the exchange traded fund’s stock after selling 186 shares during the period. Venturi Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares during the period. FC Advisory LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock worth $733,000 after purchasing an additional 117 shares during the period. Cutter & CO Brokerage Inc. boosted its holdings in shares of iShares TIPS Bond ETF by 2.4% during the third quarter. Cutter & CO Brokerage Inc. now owns 5,467 shares of the exchange traded fund’s stock worth $604,000 after purchasing an additional 126 shares during the period. Finally, Colony Family Offices LLC boosted its holdings in shares of iShares TIPS Bond ETF by 7.0% during the third quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 133 shares during the period.

iShares TIPS Bond ETF Trading Up 0.2 %

iShares TIPS Bond ETF stock opened at $109.16 on Tuesday. The firm has a 50-day moving average of $107.43 and a 200-day moving average of $108.43. The firm has a market cap of $13.97 billion, a P/E ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year 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).