US Bancorp DE Decreases Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

US Bancorp DE lessened its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,897 shares of the exchange traded fund’s stock after selling 6,829 shares during the period. US Bancorp DE’s holdings in iShares TIPS Bond ETF were worth $4,784,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. SVB Wealth LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $219,000. Goodwin Investment Advisory increased its position in shares of iShares TIPS Bond ETF by 66.8% in the 4th quarter. Goodwin Investment Advisory now owns 3,589 shares of the exchange traded fund’s stock valued at $389,000 after acquiring an additional 1,437 shares during the period. Dynasty Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $42,463,000. Parkside Financial Bank & Trust increased its position in shares of iShares TIPS Bond ETF by 27.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,406 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 1,610 shares during the period. Finally, Proficio Capital Partners LLC increased its position in shares of iShares TIPS Bond ETF by 10,555.0% in the 4th quarter. Proficio Capital Partners LLC now owns 209,904 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 207,934 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $109.69 on Thursday. The stock’s fifty day moving average price is $107.89 and its 200 day moving average price is $108.50. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The company has a market cap of $14.04 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26.

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).