iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Charles Schwab Trust Co

Charles Schwab Trust Co cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 82,191 shares of the exchange traded fund’s stock after selling 1,773 shares during the quarter. iShares TIPS Bond ETF comprises approximately 0.8% of Charles Schwab Trust Co’s holdings, making the stock its 28th biggest position. Charles Schwab Trust Co’s holdings in iShares TIPS Bond ETF were worth $8,757,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TIP. GenTrust LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after acquiring an additional 1,804 shares during the period. International Assets Investment Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares during the last quarter. JPMorgan Chase & Co. grew its holdings 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. Buck Wealth Strategies LLC increased its position in iShares TIPS Bond ETF by 1,108.6% in the 2nd quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after acquiring an additional 62,426 shares during the period. Finally, Curran Financial Partners LLC raised its stake in iShares TIPS Bond ETF by 0.8% during the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after acquiring an additional 145 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $107.18 on Tuesday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The stock’s fifty day moving average is $107.42 and its 200-day moving average is $108.31. The firm has a market capitalization of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).