Focused Wealth Management Inc trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 53.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 582 shares of the exchange traded fund’s stock after selling 671 shares during the quarter. Focused Wealth Management Inc’s holdings in iShares TIPS Bond ETF were worth $67,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in TIP. Meridian Wealth Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 51.5% during the second quarter. Meridian Wealth Management LLC now owns 2,261 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 769 shares during the last quarter. Eqis Capital Management Inc. grew its holdings in shares of iShares TIPS Bond ETF by 0.5% during the second quarter. Eqis Capital Management Inc. now owns 60,127 shares of the exchange traded fund’s stock valued at $6,944,000 after purchasing an additional 275 shares during the last quarter. Nwam LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.5% during the second quarter. Nwam LLC now owns 13,604 shares of the exchange traded fund’s stock valued at $1,571,000 after purchasing an additional 331 shares during the last quarter. Baldrige Asset Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 1.4% during the second quarter. Baldrige Asset Management LLC now owns 23,612 shares of the exchange traded fund’s stock valued at $2,727,000 after purchasing an additional 332 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC grew its holdings in shares of iShares TIPS Bond ETF by 3.7% during the second quarter. YorkBridge Wealth Partners LLC now owns 4,175 shares of the exchange traded fund’s stock valued at $482,000 after purchasing an additional 150 shares during the last quarter.

Shares of NYSEARCA:TIP traded down $0.08 during trading on Friday, hitting $114.99. 472,554 shares of the company traded hands, compared to its average volume of 1,257,091. The stock has a fifty day simple moving average of $114.95. iShares TIPS Bond ETF has a one year low of $107.53 and a one year high of $115.97.

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

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