FineMark National Bank & Trust Decreases Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

FineMark National Bank & Trust decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,356 shares of the exchange traded fund’s stock after selling 1,900 shares during the period. FineMark National Bank & Trust’s holdings in iShares TIPS Bond ETF were worth $890,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Lynx Investment Advisory boosted its holdings in iShares TIPS Bond ETF by 10.4% during the 4th quarter. Lynx Investment Advisory now owns 3,183 shares of the exchange traded fund’s stock valued at $339,000 after acquiring an additional 300 shares during the period. Hirtle Callaghan & Co LLC increased its stake in shares of iShares TIPS Bond ETF by 2.6% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 54,428 shares of the exchange traded fund’s stock worth $5,799,000 after buying an additional 1,364 shares during the period. United Services Automobile Association raised its holdings in iShares TIPS Bond ETF by 29.3% during the 4th quarter. United Services Automobile Association now owns 20,201 shares of the exchange traded fund’s stock valued at $2,152,000 after buying an additional 4,580 shares during the last quarter. Napatree Capital LLC boosted its position in iShares TIPS Bond ETF by 9.2% during the 4th quarter. Napatree Capital LLC now owns 3,860 shares of the exchange traded fund’s stock valued at $411,000 after buying an additional 324 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares TIPS Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after acquiring an additional 52,479 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:TIP opened at $110.00 on Wednesday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. The company has a 50-day moving average price of $108.81 and a 200-day moving average price of $108.56.

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).