Florin Court Capital LLP Decreases Stock Holdings in iShares TIPS Bond ETF $TIP

Florin Court Capital LLP lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,700 shares of the exchange traded fund’s stock after selling 1,700 shares during the quarter. iShares TIPS Bond ETF accounts for about 0.6% of Florin Court Capital LLP’s portfolio, making the stock its 27th largest position. Florin Court Capital LLP’s holdings in iShares TIPS Bond ETF were worth $627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC grew its position in iShares TIPS Bond ETF by 8.0% in the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after acquiring an additional 1,102 shares in the last quarter. World Investment Advisors raised its position in iShares TIPS Bond ETF by 40.5% during the first quarter. World Investment Advisors now owns 3,323 shares of the exchange traded fund’s stock valued at $369,000 after purchasing an additional 958 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares TIPS Bond ETF by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after purchasing an additional 9,526 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter valued at approximately $66,000. Finally, Cerity Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 24.6% in the 1st quarter. Cerity Partners LLC now owns 122,102 shares of the exchange traded fund’s stock worth $13,564,000 after purchasing an additional 24,091 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $110.90 on Friday. The business’s 50 day moving average price is $111.41 and its 200-day moving average price is $110.15. iShares TIPS Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $112.26. The company has a market cap of $14.08 billion, a P/E ratio of 12.40 and a beta of 0.26.

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).