OLD National Bancorp IN Lowers Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

OLD National Bancorp IN decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,846 shares of the exchange traded fund’s stock after selling 734 shares during the quarter. OLD National Bancorp IN’s holdings in iShares TIPS Bond ETF were worth $1,265,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Mitsubishi UFJ Trust & Banking Corp purchased a new position in iShares TIPS Bond ETF during the first quarter valued at $201,931,000. Sumitomo Life Insurance Co. raised its stake in iShares TIPS Bond ETF by 102.5% during the first quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock valued at $137,555,000 after buying an additional 648,150 shares during the last quarter. Evoke Wealth LLC raised its stake in shares of iShares TIPS Bond ETF by 181.8% in the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after purchasing an additional 803,988 shares during the last quarter. Campbell Wealth Management lifted its holdings in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. Campbell Wealth Management now owns 506,023 shares of the exchange traded fund’s stock valued at $54,392,000 after purchasing an additional 9,857 shares in the last quarter. Finally, Viewpoint Investment Partners Corp lifted its holdings in shares of iShares TIPS Bond ETF by 31.5% during the first quarter. Viewpoint Investment Partners Corp now owns 464,000 shares of the exchange traded fund’s stock valued at $49,838,000 after purchasing an additional 111,200 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded up $0.28 during midday trading on Friday, reaching $108.20. 804,827 shares of the company’s stock traded hands, compared to its average volume of 2,002,958. The company has a market cap of $18.77 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $109.13. The stock has a 50 day moving average of $107.17 and a 200 day moving average of $106.71.

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).