American Financial Advisors LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.2% during the first quarter, Holdings Channel reports. The institutional investor owned 144,713 shares of the exchange traded fund’s stock after selling 20,086 shares during the quarter. iShares TIPS Bond ETF comprises approximately 3.3% of American Financial Advisors LLC’s portfolio, making the stock its 12th largest holding. American Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $16,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. BT Wealth Management LLC bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at approximately $1,169,000. Headinvest LLC grew its stake in iShares TIPS Bond ETF by 100.0% in the fourth quarter. Headinvest LLC now owns 6,264 shares of the exchange traded fund’s stock valued at $686,000 after purchasing an additional 3,132 shares in the last quarter. Live Your Vision LLC grew its stake in iShares TIPS Bond ETF by 70.0% in the fourth quarter. Live Your Vision LLC now owns 3,928 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 1,617 shares in the last quarter. EisnerAmper Wealth Management Corporate Benefits LLC grew its stake in iShares TIPS Bond ETF by 113.6% in the fourth quarter. EisnerAmper Wealth Management Corporate Benefits LLC now owns 10,428 shares of the exchange traded fund’s stock valued at $1,142,000 after purchasing an additional 5,545 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at approximately $271,000.

Shares of NYSEARCA TIP opened at $112.81 on Wednesday. iShares TIPS Bond ETF has a 12 month low of $107.53 and a 12 month high of $113.30.

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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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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).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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