Bath Savings Trust Co Reduces Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bath Savings Trust Co decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,645 shares of the exchange traded fund’s stock after selling 175 shares during the quarter. Bath Savings Trust Co’s holdings in iShares TIPS Bond ETF were worth $734,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TIP. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $26,000. YHB Investment Advisors Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter worth about $30,000. Private Ocean LLC raised its position in shares of iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares during the last quarter. Salem Investment Counselors Inc. purchased a new position in shares of iShares TIPS Bond ETF during the first quarter valued at approximately $36,000. Finally, Gradient Investments LLC boosted its holdings in shares of iShares TIPS Bond ETF by 352.7% during the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 261 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP opened at $109.25 on Tuesday. iShares TIPS Bond ETF has a 12 month low of $102.32 and a 12 month high of $111.06. The business has a 50-day moving average of $109.37 and a two-hundred day moving average of $107.56. The stock has a market capitalization of $18.95 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).