Valued Retirements Inc. Lowers Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Valued Retirements Inc. cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,724 shares of the exchange traded fund’s stock after selling 1,698 shares during the quarter. iShares TIPS Bond ETF makes up approximately 1.0% of Valued Retirements Inc.’s holdings, making the stock its 29th biggest position. Valued Retirements Inc.’s holdings in iShares TIPS Bond ETF were worth $716,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. raised its holdings in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after acquiring an additional 536,610 shares during the period. Assetmark Inc. lifted its position in shares of iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after acquiring an additional 1,378,094 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of iShares TIPS Bond ETF by 7.0% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 893,256 shares of the exchange traded fund’s stock worth $105,032,000 after acquiring an additional 58,066 shares during the period.

iShares TIPS Bond ETF Trading Down 0.2 %

NYSEARCA:TIP opened at $109.42 on Monday. The stock has a 50-day moving average price of $108.31 and a 200 day moving average price of $108.52. The stock has a market capitalization of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).