iShares TIPS Bond ETF Consolidated Portfolio Review and Stock Performance

Consolidated Portfolio Review Corp, a prominent institutional investor, has recently reduced its position in the iShares TIPS Bond ETF (NYSEARCA:TIP) by 15.8% in the first quarter. According to their most recent 13F filing with the Securities and Exchange Commission, the company now owns 4,696 shares of the exchange-traded fund’s stock, down from 5,578 shares after selling 882 shares during the period. The value of their holdings in iShares TIPS Bond ETF is estimated to be $504,000 at the end of the quarter.

This move by Consolidated Portfolio Review Corp is part of a larger trend among investors, with several other major players also adjusting their positions in the iShares TIPS Bond ETF. For example, JPMorgan Chase & Co. increased its stake in the ETF by 17.6% during the third quarter, while Evoke Wealth LLC saw a 181.8% increase in their stake during the fourth quarter. Sumitomo Life Insurance Co. and 3EDGE Asset Management LP also made significant moves in the first and fourth quarters, respectively.

In terms of stock performance, iShares TIPS Bond ETF saw a slight increase of $0.48 during trading hours on Friday, reaching $107.02. The company has a market capitalization of $18.57 billion, a price-to-earnings ratio of 11.86, and a beta of 0.09. The ETF has a 12-month low of $101.74 and a high of $108.54.

iShares TIPS Bond ETF, formerly known as iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund that seeks to correspond generally to the price and yield performance of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L).

Overall, the recent movements in the iShares TIPS Bond ETF and the actions of major investors like Consolidated Portfolio Review Corp highlight the dynamic nature of the financial markets and the importance of staying informed on investment trends.