Bank of Jackson Hole Trust Makes New $115,000 Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bank of Jackson Hole Trust bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,082 shares of the exchange traded fund’s stock, valued at approximately $115,000.

Other institutional investors have also recently bought and sold shares of the company. GenTrust LLC raised its stake in iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock worth $21,670,000 after acquiring an additional 1,804 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares during the period. Merit Financial Group LLC increased its stake in shares of iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after buying an additional 3,183 shares during the period. Finally, Citigroup Inc. increased its stake in shares of iShares TIPS Bond ETF by 17.9% in the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after buying an additional 21,755 shares during the period.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $108.48 on Thursday. The business has a 50 day moving average of $107.36 and a 200-day moving average of $108.41. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The company has a market capitalization of $18.82 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).