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% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 82,191 shares of the exchange traded fund’s stock after selling 1,773 shares during the period. iShares TIPS Bond ETF makes up approximately 0.8% of Charles Schwab Trust Co’s holdings, making the stock its 28th largest holding. Charles Schwab Trust Co’s holdings in iShares TIPS Bond ETF were worth $8,757,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC boosted its position in iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares during the last quarter. KMG Fiduciary Partners LLC increased its holdings in iShares TIPS Bond ETF by 0.6% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after purchasing an additional 100 shares during the last quarter. Regal Investment Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the last quarter. First United Bank & Trust increased its stake in shares of iShares TIPS Bond ETF by 3.2% in the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after buying an additional 108 shares during the last quarter. Finally, FC Advisory LLC raised its holdings in iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 110 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $107.18 on Tuesday. The company’s fifty day moving average price is $107.42 and its two-hundred day moving average price is $108.31. The company has a market capitalization of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month 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).