iShares TIPS Bond ETF $TIP Shares Sold by Rathbones Group PLC

Rathbones Group PLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,005 shares of the exchange traded fund’s stock after selling 3,727 shares during the period. Rathbones Group PLC owned approximately 0.06% of iShares TIPS Bond ETF worth $7,923,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in iShares TIPS Bond ETF by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after buying an additional 9,526 shares during the last quarter. Arbor Investment Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 2.0% during the second quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock worth $34,600,000 after acquiring an additional 6,157 shares during the last quarter. Ethos Financial Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 21.3% in the second quarter. Ethos Financial Group LLC now owns 176,445 shares of the exchange traded fund’s stock worth $19,416,000 after acquiring an additional 30,925 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 48.0% in the second quarter. Chicago Partners Investment Group LLC now owns 26,128 shares of the exchange traded fund’s stock worth $2,865,000 after acquiring an additional 8,474 shares in the last quarter. Finally, Fiera Capital Corp boosted its holdings in iShares TIPS Bond ETF by 3.8% in the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.0%

Shares of NYSEARCA TIP opened at $110.90 on Monday. iShares TIPS Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $112.26. The business has a 50 day moving average price of $111.41 and a two-hundred day moving average price of $110.17. The firm has a market cap of $14.08 billion, a PE ratio of 12.40 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).