Rathbones Group PLC Has $5.17 Million Stock Holdings in iShares TIPS Bond ETF $TIP

Rathbones Group PLC trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,842 shares of the exchange traded fund’s stock after selling 11,944 shares during the quarter. Rathbones Group PLC’s holdings in iShares TIPS Bond ETF were worth $5,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE increased its position in iShares TIPS Bond ETF by 18.1% during the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after purchasing an additional 3,729,751 shares during the period. Valpey Financial Services LLC lifted its position in shares of iShares TIPS Bond ETF by 10,997.3% in the 4th quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock worth $266,969,000 after purchasing an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $187,000. Pictet Asset Management Holding SA boosted its stake in shares of iShares TIPS Bond ETF by 16.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after purchasing an additional 214,700 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares TIPS Bond ETF by 43.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after purchasing an additional 417,901 shares during the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Down 0.7%

TIP opened at $106.86 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $106.75 and a twelve month high of $112.26. The company has a fifty day moving average of $108.85 and a 200-day moving average of $110.17. The stock has a market cap of $14.46 billion, a PE ratio of 12.40 and a beta of 0.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.