Stock Yards Bank & Trust Co. Sells 3,713 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Stock Yards Bank & Trust Co. decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.4% in the 4th quarter, Holdings Channel reports. The firm owned 24,028 shares of the exchange traded fund’s stock after selling 3,713 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in iShares TIPS Bond ETF were worth $2,583,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in iShares TIPS Bond ETF by 179.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after purchasing an additional 3,232,628 shares in the last quarter. Rock Creek Group LP increased its stake in iShares TIPS Bond ETF by 1,992.9% during the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter. Assetmark Inc. grew its stake in shares of iShares TIPS Bond ETF by 1,511.5% in the 3rd quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock worth $220,032,000 after acquiring an additional 1,989,759 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in shares of iShares TIPS Bond ETF by 1,655.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock worth $104,471,000 after acquiring an additional 949,872 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock worth $578,524,000 after acquiring an additional 835,933 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $105.79 on Tuesday. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $110.88. The firm has a market cap of $18.58 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09. The company has a fifty day moving average price of $106.56 and a 200-day moving average price of $105.88.

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).