iShares TIPS Bond ETF (NYSEARCA:TIP) Holdings Lowered by SouthState Corp

SouthState Corp trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,715 shares of the exchange traded fund’s stock after selling 1,772 shares during the period. SouthState Corp’s holdings in iShares TIPS Bond ETF were worth $1,674,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TIP. FMR LLC lifted its holdings in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. Assetmark Inc. lifted its stake in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after acquiring an additional 1,378,094 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth about $76,533,000. Sumitomo Life Insurance Co. lifted its stake in iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after acquiring an additional 536,610 shares in the last quarter. Finally, Dynasty Wealth Management LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth about $42,463,000.

iShares TIPS Bond ETF Trading Down 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $109.42 on Monday. The stock has a 50-day moving average price of $108.31 and a 200 day moving average price of $108.52. The company has a market cap of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).