Palisade Asset Management LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% in the first quarter, HoldingsChannel reports. The firm owned 14,522 shares of the exchange traded fund’s stock after selling 97 shares during the quarter. Palisade Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,642,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Paragon Capital Management LLC purchased a new position in iShares TIPS Bond ETF in the first quarter worth approximately $50,000. Jag Capital Management LLC grew its position in iShares TIPS Bond ETF by 15.0% in the first quarter. Jag Capital Management LLC now owns 4,180 shares of the exchange traded fund’s stock worth $473,000 after acquiring an additional 545 shares during the period. First Command Financial Services Inc. grew its position in iShares TIPS Bond ETF by 1,326.3% in the first quarter. First Command Financial Services Inc. now owns 271 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 252 shares during the period. Raymond James Trust N.A. grew its position in iShares TIPS Bond ETF by 0.6% in the first quarter. Raymond James Trust N.A. now owns 22,827 shares of the exchange traded fund’s stock worth $2,581,000 after acquiring an additional 129 shares during the period. Finally, Comprehensive Portfolio Management LLC grew its position in iShares TIPS Bond ETF by 52.0% in the first quarter. Comprehensive Portfolio Management LLC now owns 358,843 shares of the exchange traded fund’s stock worth $40,574,000 after acquiring an additional 122,816 shares during the period.

iShares TIPS Bond ETF stock traded up $0.06 during mid-day trading on Monday, hitting $112.62. The company’s stock had a trading volume of 562,940 shares, compared to its average volume of 1,171,434. iShares TIPS Bond ETF has a 1 year low of $107.53 and a 1 year high of $113.30.

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iShares TIPS Bond ETF Company 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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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