AMG National Trust Bank Sells 4,507 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

AMG National Trust Bank lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,820 shares of the exchange traded fund’s stock after selling 4,507 shares during the period. AMG National Trust Bank’s holdings in iShares TIPS Bond ETF were worth $3,500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. FMR LLC grew its position in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after acquiring an additional 51,713 shares during the period. Sumitomo Life Insurance Co. grew its position in shares of iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after acquiring an additional 536,610 shares during the period. Assetmark Inc. grew its position in shares of iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after acquiring an additional 1,378,094 shares during the period. Finally, Baldwin Wealth Partners LLC MA grew its position in shares of iShares TIPS Bond ETF by 52.6% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock valued at $45,729,000 after acquiring an additional 147,849 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $109.64 on Friday. The firm has a 50-day moving average of $107.95 and a 200-day moving average of $108.51. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The company has a market cap of $14.03 billion, a PE ratio of 12.25 and a beta of 0.26.

iShares TIPS Bond ETF Company 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).