Cape Cod Five Cents Savings Bank Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Cape Cod Five Cents Savings Bank reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 51.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,471 shares of the exchange traded fund’s stock after selling 2,663 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in iShares TIPS Bond ETF were worth $264,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. GenTrust LLC increased its stake in iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock worth $21,670,000 after acquiring an additional 1,804 shares during the last quarter. International Assets Investment Management LLC increased its stake in iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after acquiring an additional 398,292 shares during the last quarter. Confluence Wealth Services Inc. bought a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $213,000. TIAA Trust National Association increased its stake in iShares TIPS Bond ETF by 3.2% during the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock worth $9,447,000 after acquiring an additional 2,776 shares during the last quarter. Finally, Buck Wealth Strategies LLC increased its stake in iShares TIPS Bond ETF by 1,108.6% during the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock worth $7,267,000 after acquiring an additional 62,426 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $108.64 on Tuesday. The business’s 50 day moving average is $108.60 and its two-hundred day moving average is $108.26. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The stock has a market capitalization of $18.85 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).