iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Adirondack Trust Co.

Adirondack Trust Co. lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,044 shares of the exchange traded fund’s stock after selling 608 shares during the quarter. iShares TIPS Bond ETF comprises about 1.6% of Adirondack Trust Co.’s portfolio, making the stock its 11th biggest holding. Adirondack Trust Co.’s holdings in iShares TIPS Bond ETF were worth $4,203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $201,931,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after purchasing an additional 410,284 shares in the last quarter. Quotient Wealth Partners LLC lifted its stake in iShares TIPS Bond ETF by 6,782.8% during the second quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock valued at $39,599,000 after purchasing an additional 365,458 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of iShares TIPS Bond ETF by 14,118.3% in the first quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock valued at $38,531,000 after buying an additional 356,204 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares TIPS Bond ETF by 192.4% during the first quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock valued at $45,402,000 after purchasing an additional 278,153 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $109.25 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $102.32 and a fifty-two week high of $111.06. The firm’s 50 day simple moving average is $109.45 and its 200-day simple moving average is $107.59. The company has a market cap of $18.95 billion, a P/E 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).