Fox Hill Wealth Management Has $2.04 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fox Hill Wealth Management cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,978 shares of the exchange traded fund’s stock after selling 4,208 shares during the period. iShares TIPS Bond ETF comprises about 1.4% of Fox Hill Wealth Management’s portfolio, making the stock its 21st largest position. Fox Hill Wealth Management’s holdings in iShares TIPS Bond ETF were worth $2,038,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in iShares TIPS Bond ETF by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock worth $578,524,000 after purchasing an additional 835,933 shares during the period. Evoke Wealth LLC increased its position in shares of iShares TIPS Bond ETF by 181.8% during the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after acquiring an additional 803,988 shares in the last quarter. Sumitomo Life Insurance Co. bought a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $67,988,000. 3EDGE Asset Management LP bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at $63,005,000. Finally, International Assets Investment Management LLC grew its position in iShares TIPS Bond ETF by 7,161.8% in the fourth quarter. International Assets Investment Management LLC now owns 548,047 shares of the exchange traded fund’s stock valued at $58,910,000 after purchasing an additional 540,500 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock traded down $0.33 during mid-day trading on Friday, reaching $106.78. The company’s stock had a trading volume of 1,960,867 shares, compared to its average volume of 2,071,159. The company has a market capitalization of $18.53 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $108.54. The business’s 50 day simple moving average is $106.38 and its 200 day simple moving average is $106.69.

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).