iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Coastal Investment Advisors Inc.

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Coastal Investment Advisors Inc. cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.5% during the 4th quarter, HoldingsChannel reports. The fund owned 7,553 shares of the exchange traded fund’s stock after selling 112 shares during the period. Coastal Investment Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $964,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TIP. Walkner Condon Financial Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $1,963,000. Clarus Wealth Advisors raised its holdings in shares of iShares TIPS Bond ETF by 454.9% during the fourth quarter. Clarus Wealth Advisors now owns 13,040 shares of the exchange traded fund’s stock worth $1,650,000 after purchasing an additional 10,690 shares during the period. Cordant Inc. raised its holdings in shares of iShares TIPS Bond ETF by 8.6% during the third quarter. Cordant Inc. now owns 13,101 shares of the exchange traded fund’s stock worth $1,657,000 after purchasing an additional 1,033 shares during the period. Integer Wealth Advisors Group LLC acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $392,000. Finally, TIAA FSB raised its holdings in shares of iShares TIPS Bond ETF by 27.3% during the third quarter. TIAA FSB now owns 118,269 shares of the exchange traded fund’s stock worth $14,961,000 after purchasing an additional 25,387 shares during the period.

Shares of iShares TIPS Bond ETF stock traded up $0.28 during trading on Wednesday, hitting $126.97. 2,517,994 shares of the stock were exchanged, compared to its average volume of 3,251,924. The stock’s fifty day moving average is $126.86 and its 200 day moving average is $125.88. iShares TIPS Bond ETF has a 12 month low of $107.37 and a 12 month high of $127.92.

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).

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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

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