First National Trust Co Has $269,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

First National Trust Co cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 51.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,505 shares of the exchange traded fund’s stock after selling 2,661 shares during the quarter. First National Trust Co’s holdings in iShares TIPS Bond ETF were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fortis Group Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter worth about $27,000. Trifecta Capital Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $27,000. Life Planning Partners Inc bought a new position in iShares TIPS Bond ETF in the 4th quarter worth $30,000. Covestor Ltd bought a new stake in iShares TIPS Bond ETF during the third quarter valued at about $33,000. Finally, Sound Income Strategies LLC grew its position in shares of iShares TIPS Bond ETF by 108.7% in the fourth quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 188 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded up $0.01 during trading hours on Monday, hitting $105.94. 90,281 shares of the company’s stock were exchanged, compared to its average volume of 2,175,449. The stock has a market capitalization of $18.38 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company’s 50-day moving average price is $106.48 and its 200-day moving average price is $106.04. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.99.

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).