Rather & Kittrell Inc. Cuts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Rather & Kittrell Inc. lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,579 shares of the exchange traded fund’s stock after selling 1,231 shares during the quarter. iShares TIPS Bond ETF comprises 1.4% of Rather & Kittrell Inc.’s holdings, making the stock its 16th largest position. Rather & Kittrell Inc.’s holdings in iShares TIPS Bond ETF were worth $5,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC raised its holdings in iShares TIPS Bond ETF by 96.9% in the 3rd quarter. Barclays PLC now owns 56,475 shares of the exchange traded fund’s stock valued at $6,238,000 after acquiring an additional 27,792 shares during the last quarter. Wilmington Savings Fund Society FSB grew its position in shares of iShares TIPS Bond ETF by 302.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 10,160 shares of the exchange traded fund’s stock valued at $1,122,000 after purchasing an additional 7,637 shares in the last quarter. Tidal Investments LLC grew its position in shares of iShares TIPS Bond ETF by 8.3% in the third quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock valued at $1,867,000 after purchasing an additional 1,289 shares in the last quarter. Peapack Gladstone Financial Corp increased its holdings in shares of iShares TIPS Bond ETF by 25.8% in the third quarter. Peapack Gladstone Financial Corp now owns 43,432 shares of the exchange traded fund’s stock valued at $4,798,000 after purchasing an additional 8,920 shares during the last quarter. Finally, Capasso Planning Partners LLC purchased a new position in iShares TIPS Bond ETF during the third quarter worth approximately $347,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $108.48 on Wednesday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.51. The firm has a market capitalization of $14.22 billion, a P/E ratio of 12.43 and a beta of 0.29. The stock’s fifty day moving average is $109.43 and its two-hundred day moving average is $108.48.

iShares TIPS Bond ETF Company 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).