Resources Investment Advisors Inc. Sells 2,313 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP) – Fairfield Current

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Resources Investment Advisors Inc. trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 22.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,840 shares of the exchange traded fund’s stock after selling 2,313 shares during the period. Resources Investment Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $859,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TIP. Synovus Financial Corp grew its holdings in iShares TIPS Bond ETF by 20.3% during the third quarter. Synovus Financial Corp now owns 2,959 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 500 shares during the period. HL Financial Services LLC grew its stake in iShares TIPS Bond ETF by 7.2% during the 3rd quarter. HL Financial Services LLC now owns 35,339 shares of the exchange traded fund’s stock valued at $3,909,000 after acquiring an additional 2,362 shares in the last quarter. Psagot Investment House Ltd. lifted its holdings in shares of iShares TIPS Bond ETF by 6.9% during the 3rd quarter. Psagot Investment House Ltd. now owns 18,380 shares of the exchange traded fund’s stock valued at $2,033,000 after buying an additional 1,183 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in iShares TIPS Bond ETF by 12.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 65,080 shares of the exchange traded fund’s stock worth $7,199,000 after purchasing an additional 6,957 shares during the last quarter. Finally, IFG Advisory LLC lifted its holdings in iShares TIPS Bond ETF by 20.5% in the 3rd quarter. IFG Advisory LLC now owns 17,477 shares of the exchange traded fund’s stock worth $1,933,000 after purchasing an additional 2,979 shares during the last quarter.

Shares of TIP stock traded up $0.28 during trading hours on Friday, reaching $111.89. 36,819 shares of the company’s stock were exchanged, compared to its average volume of 1,148,265. iShares TIPS Bond ETF has a fifty-two week low of $107.53 and a fifty-two week high of $113.22.

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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).

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