Jacobi Capital Management LLC Trims Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Jacobi Capital Management LLC reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.4% during the 1st quarter, HoldingsChannel reports. The fund owned 12,194 shares of the exchange traded fund’s stock after selling 4,373 shares during the period. Jacobi Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,310,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Chesley Taft & Associates LLC raised its holdings in iShares TIPS Bond ETF by 3.6% in the fourth quarter. Chesley Taft & Associates LLC now owns 4,721 shares of the exchange traded fund’s stock valued at $507,000 after buying an additional 162 shares during the period. My Legacy Advisors LLC grew its position in iShares TIPS Bond ETF by 11.6% in the fourth quarter. My Legacy Advisors LLC now owns 5,349 shares of the exchange traded fund’s stock valued at $574,000 after acquiring an additional 556 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its position in iShares TIPS Bond ETF by 6.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 2,995 shares of the exchange traded fund’s stock valued at $322,000 after acquiring an additional 173 shares in the last quarter. Norway Savings Bank grew its position in iShares TIPS Bond ETF by 20.3% in the fourth quarter. Norway Savings Bank now owns 11,995 shares of the exchange traded fund’s stock valued at $1,289,000 after acquiring an additional 2,020 shares in the last quarter. Finally, Clearview Wealth Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $227,000.

iShares TIPS Bond ETF Trading Down 0.1 %

NYSEARCA:TIP traded down $0.13 during trading hours on Monday, hitting $107.18. The stock had a trading volume of 2,347,864 shares, compared to its average volume of 2,044,690. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $108.54. The business has a 50 day simple moving average of $106.76 and a two-hundred day simple moving average of $106.64. The company has a market cap of $18.60 billion, a PE ratio of 11.86 and a beta of 0.09.

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).