iShares TIPS Bond ETF $TIP Position Decreased by NewEdge Advisors LLC

NewEdge Advisors LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,738 shares of the exchange traded fund’s stock after selling 11,077 shares during the period. NewEdge Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Keybank National Association OH boosted its position in iShares TIPS Bond ETF by 3.0% during the 4th quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after acquiring an additional 18,437 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 141.2% in the 4th quarter. Farther Finance Advisors LLC now owns 54,136 shares of the exchange traded fund’s stock worth $5,950,000 after acquiring an additional 31,689 shares in the last quarter. Vertex Investment Solutions Co. Ltd. purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $10,486,000. Vise Technologies Inc. lifted its stake in shares of iShares TIPS Bond ETF by 320.3% in the 4th quarter. Vise Technologies Inc. now owns 7,699 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 5,867 shares during the period. Finally, BOKF NA boosted its position in shares of iShares TIPS Bond ETF by 10.7% during the fourth quarter. BOKF NA now owns 100,744 shares of the exchange traded fund’s stock valued at $11,073,000 after purchasing an additional 9,772 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Up 0.0%

Shares of TIP stock opened at $106.92 on Thursday. The stock has a market cap of $14.47 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The business’s fifty day moving average is $108.35 and its 200 day moving average is $110.01. iShares TIPS Bond ETF has a twelve month low of $106.75 and a twelve month high of $112.26.

iShares TIPS Bond ETF 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.