Private Trust Co. NA Sells 2,332 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Private Trust Co. NA decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 55.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,892 shares of the exchange traded fund’s stock after selling 2,332 shares during the quarter. Private Trust Co. NA’s holdings in iShares TIPS Bond ETF were worth $202,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in TIP. Parkside Financial Bank & Trust raised its holdings in iShares TIPS Bond ETF by 27.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,406 shares of the exchange traded fund’s stock worth $789,000 after purchasing an additional 1,610 shares in the last quarter. Proficio Capital Partners LLC raised its stake in iShares TIPS Bond ETF by 10,555.0% in the fourth quarter. Proficio Capital Partners LLC now owns 209,904 shares of the exchange traded fund’s stock worth $210,000 after buying an additional 207,934 shares in the last quarter. Kovack Advisors Inc. raised its stake in iShares TIPS Bond ETF by 7.8% in the fourth quarter. Kovack Advisors Inc. now owns 7,932 shares of the exchange traded fund’s stock worth $845,000 after buying an additional 576 shares in the last quarter. Nwam LLC lifted its holdings in iShares TIPS Bond ETF by 72.5% in the fourth quarter. Nwam LLC now owns 24,626 shares of the exchange traded fund’s stock worth $2,624,000 after buying an additional 10,347 shares during the period. Finally, GenTrust LLC boosted its position in iShares TIPS Bond ETF by 7.9% during the 4th quarter. GenTrust LLC now owns 211,756 shares of the exchange traded fund’s stock valued at $22,563,000 after acquiring an additional 15,594 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $110.64 on Tuesday. The firm has a market capitalization of $14.16 billion, a P/E ratio of 12.25 and a beta of 0.26. The stock has a 50 day moving average price of $107.75 and a 200-day moving average price of $108.48. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06.

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).