iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,496 shares of the exchange traded fund’s stock after selling 2,673 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares TIPS Bond ETF were worth $939,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $26,000. Private Ocean LLC raised its stake in iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 116 shares during the period. Gradient Investments LLC raised its stake in iShares TIPS Bond ETF by 352.7% during the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 261 shares during the period. Eastern Bank purchased a new position in iShares TIPS Bond ETF during the third quarter worth approximately $37,000. Finally, Hobbs Group Advisors LLC purchased a new position in iShares TIPS Bond ETF during the second quarter worth approximately $40,000.

iShares TIPS Bond ETF Stock Up 0.3 %

NYSEARCA:TIP opened at $108.87 on Thursday. The company has a market cap of $18.89 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The firm’s 50 day moving average is $108.70 and its two-hundred day moving average is $108.20.

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).