iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Adirondack Trust Co.

Adirondack Trust Co. cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,419 shares of the exchange traded fund’s stock after selling 1,625 shares during the quarter. iShares TIPS Bond ETF comprises approximately 1.5% of Adirondack Trust Co.’s portfolio, making the stock its 12th largest holding. Adirondack Trust Co.’s holdings in iShares TIPS Bond ETF were worth $3,880,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. GenTrust LLC increased its stake in iShares TIPS Bond ETF by 0.9% in the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after buying an additional 1,804 shares during the period. International Assets Investment Management LLC increased its stake in shares of 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 period. JPMorgan Chase & Co. raised its holdings in iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Buck Wealth Strategies LLC lifted its position in iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after purchasing an additional 62,426 shares during the period. Finally, Curran Financial Partners LLC boosted its holdings in iShares TIPS Bond ETF by 0.8% in the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after purchasing an additional 145 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of TIP stock opened at $107.14 on Thursday. The stock has a 50 day simple moving average of $107.38 and a 200-day simple moving average of $108.31. The company has a market cap of $18.59 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).