Bank Julius Baer & Co. Ltd Zurich Cuts Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bank Julius Baer & Co. Ltd Zurich lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,009,615 shares of the exchange traded fund’s stock after selling 18,051 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.49% of iShares TIPS Bond ETF worth $108,523,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. VCI Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $330,000. Florin Court Capital LLP acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $903,000. Bfsg LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $53,000. SlateStone Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $294,000. Finally, RWA Wealth Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 395.0% during the 4th quarter. RWA Wealth Partners LLC now owns 18,036 shares of the exchange traded fund’s stock worth $1,939,000 after purchasing an additional 14,392 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP traded down $0.15 during trading hours on Thursday, reaching $105.52. The company’s stock had a trading volume of 2,417,554 shares, compared to its average volume of 2,194,800. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $110.88. The stock has a market cap of $18.53 billion, a PE ratio of 11.92 and a beta of 0.09. The business’s 50-day moving average is $106.55 and its 200-day moving average is $105.90.

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).