Camden National Bank lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,007 shares of the exchange traded fund’s stock after selling 704 shares during the quarter. Camden National Bank’s holdings in iShares TIPS Bond ETF were worth $439,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TIP. Millennium Management LLC boosted its stake in iShares TIPS Bond ETF by 53.2% during the second quarter. Millennium Management LLC now owns 62,637 shares of the exchange traded fund’s stock valued at $7,070,000 after buying an additional 21,744 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in iShares TIPS Bond ETF by 127.2% during the second quarter. Advisors Asset Management Inc. now owns 8,027 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 4,494 shares during the last quarter. Schroder Investment Management Group boosted its stake in iShares TIPS Bond ETF by 2.9% during the second quarter. Schroder Investment Management Group now owns 51,493 shares of the exchange traded fund’s stock valued at $5,810,000 after buying an additional 1,446 shares during the last quarter. One Capital Management LLC boosted its stake in iShares TIPS Bond ETF by 19.1% during the third quarter. One Capital Management LLC now owns 2,937 shares of the exchange traded fund’s stock valued at $325,000 after buying an additional 470 shares during the last quarter. Finally, Atria Investments LLC boosted its stake in iShares TIPS Bond ETF by 17.7% during the third quarter. Atria Investments LLC now owns 48,849 shares of the exchange traded fund’s stock valued at $5,404,000 after buying an additional 7,340 shares during the last quarter.

Shares of iShares TIPS Bond ETF stock opened at $110.54 on Thursday. iShares TIPS Bond ETF has a 12 month low of $107.53 and a 12 month high of $113.22.

ILLEGAL ACTIVITY WARNING: “Camden National Bank Has $439,000 Stake in iShares TIPS Bond ETF (TIP)” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dailypolitical.com/2019/02/07/camden-national-bank-has-439000-stake-in-ishares-tips-bond-etf-tip.html.

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).

See Also: What do I need to know about analyst ratings?

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.