Bank of Jackson Hole Trust Has $98,000 Position in iShares TIPS Bond ETF $TIP

Bank of Jackson Hole Trust reduced its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 892 shares of the exchange traded fund’s stock after selling 190 shares during the quarter. Bank of Jackson Hole Trust’s holdings in iShares TIPS Bond ETF were worth $98,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lyell Wealth Management LP grew its position in shares of iShares TIPS Bond ETF by 0.4% in the 2nd quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock valued at $2,675,000 after acquiring an additional 95 shares during the period. Grey Fox Wealth Advisors LLC grew its position in shares of iShares TIPS Bond ETF by 0.9% in the 1st quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock valued at $1,284,000 after acquiring an additional 98 shares during the period. Northwest Wealth Management LLC grew its position in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock valued at $1,029,000 after acquiring an additional 101 shares during the period. Strategic Investment Solutions Inc. IL grew its position in shares of iShares TIPS Bond ETF by 25.7% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 509 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 104 shares during the period. Finally, Country Club Bank grew its position in shares of iShares TIPS Bond ETF by 4.2% in the 1st quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock valued at $326,000 after acquiring an additional 118 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $111.44 on Thursday. The company has a market capitalization of $14.04 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a 50-day simple moving average of $111.40 and a 200 day simple moving average of $110.05. iShares TIPS Bond ETF has a 52 week low of $106.04 and a 52 week high of $112.26.

iShares TIPS Bond ETF 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).