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

Rathbones Group PLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.9% in the second quarter, HoldingsChannel reports. The firm owned 72,005 shares of the exchange traded fund’s stock after selling 3,727 shares during the period. Rathbones Group PLC’s holdings in iShares TIPS Bond ETF were worth $7,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after buying an additional 1,102 shares during the period. Bank of New York Mellon Corp increased 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 acquiring an additional 9,526 shares during the period. Cerity Partners LLC raised its stake in iShares TIPS Bond ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 122,102 shares of the exchange traded fund’s stock valued at $13,564,000 after acquiring an additional 24,091 shares in the last quarter. 3EDGE Asset Management LP raised its stake in iShares TIPS Bond ETF by 96.5% during the 1st quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock valued at $173,431,000 after acquiring an additional 766,851 shares in the last quarter. Finally, Westmount Partners LLC boosted its position in iShares TIPS Bond ETF by 35.0% during the 1st quarter. Westmount Partners LLC now owns 4,375 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 1,135 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $110.90 on Monday. The stock has a market cap of $14.08 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $112.26. The business has a fifty day moving average of $111.41 and a 200-day moving average of $110.17.

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).