Edmond DE Rothschild Holding S.A. Trims Stock Holdings in iShares TIPS Bond ETF $TIP

Edmond DE Rothschild Holding S.A. lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 40.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,943 shares of the exchange traded fund’s stock after selling 9,633 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in iShares TIPS Bond ETF were worth $1,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC boosted its position in shares of iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after buying an additional 1,102 shares during the period. Mackenzie Financial Corp raised its holdings in shares of iShares TIPS Bond ETF by 13.2% in the 1st quarter. Mackenzie Financial Corp now owns 54,000 shares of the exchange traded fund’s stock valued at $5,999,000 after buying an additional 6,300 shares during the period. Fiera Capital Corp lifted its stake in iShares TIPS Bond ETF by 3.8% during the 1st quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock worth $495,000 after acquiring an additional 165 shares in the last quarter. XTX Topco Ltd acquired a new position in iShares TIPS Bond ETF during the 1st quarter worth about $684,000. Finally, Independence Financial Advisors LLC purchased a new position in iShares TIPS Bond ETF during the 1st quarter valued at about $11,600,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $111.51 on Thursday. The company has a market cap of $14.16 billion, a P/E ratio of 12.40 and a beta of 0.26. The stock has a 50-day moving average of $111.30 and a two-hundred day moving average of $110.29. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $112.26.

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).