iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Chapin Davis Inc.

Chapin Davis Inc. cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 8,096 shares of the exchange traded fund’s stock after selling 219 shares during the period. Chapin Davis Inc.’s holdings in iShares TIPS Bond ETF were worth $864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TIP. Mitsubishi UFJ Trust & Banking Corp bought a new position in iShares TIPS Bond ETF during the 1st quarter valued at $201,931,000. Evoke Wealth LLC increased its holdings in shares of iShares TIPS Bond ETF by 181.8% in the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock valued at $133,947,000 after buying an additional 803,988 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in shares of iShares TIPS Bond ETF by 102.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock valued at $137,555,000 after acquiring an additional 648,150 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of iShares TIPS Bond ETF by 14,118.3% during the 1st quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock worth $38,531,000 after acquiring an additional 356,204 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares TIPS Bond ETF by 192.4% in the 1st quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock worth $45,402,000 after acquiring an additional 278,153 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

Shares of iShares TIPS Bond ETF stock traded down $0.04 on Friday, reaching $108.39. 840,135 shares of the company were exchanged, compared to its average volume of 1,959,378. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $109.13. The firm has a market capitalization of $18.81 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock has a fifty day moving average price of $107.36 and a 200-day moving average price of $106.77.

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).