Key Financial Inc Sells 315 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Key Financial Inc lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 691 shares of the exchange traded fund’s stock after selling 315 shares during the quarter. Key Financial Inc’s holdings in iShares TIPS Bond ETF were worth $76,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TIP. Tsfg LLC raised its position in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC raised its position in iShares TIPS Bond ETF by 0.6% during the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 100 shares during the period. Citizens & Northern Corp lifted its stake in shares of iShares TIPS Bond ETF by 3.0% in the 2nd quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 102 shares during the last quarter. TNF LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock worth $1,079,000 after purchasing an additional 105 shares during the period. Finally, Regal Investment Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after purchasing an additional 108 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock traded down $0.46 during trading on Friday, hitting $107.76. The stock had a trading volume of 2,613,396 shares, compared to its average volume of 1,931,393. iShares TIPS Bond ETF has a 12 month low of $103.19 and a 12 month high of $111.06. The firm’s fifty day simple moving average is $109.54 and its 200-day simple moving average is $107.84. The stock has a market cap of $18.70 billion, a PE ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

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).