iShares TIPS Bond ETF (TIP) Holdings Reduced by White Pine Investment CO
White Pine Investment CO lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,766 shares of the exchange traded fund’s stock after selling 1,160 shares during the period. iShares TIPS Bond ETF makes up about 2.3% of White Pine Investment CO’s investment portfolio, making the stock its 19th biggest holding. White Pine Investment CO’s holdings in iShares TIPS Bond ETF were worth $4,496,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of iShares TIPS Bond ETF by 33.2% during the third quarter. JPMorgan Chase & Co. now owns 9,857,316 shares of the exchange traded fund’s stock worth $1,090,415,000 after purchasing an additional 2,458,976 shares in the last quarter. B. Riley Wealth Management Inc. acquired a new position in shares of iShares TIPS Bond ETF during the third quarter worth approximately $285,000. Morgan Stanley lifted its position in shares of iShares TIPS Bond ETF by 0.7% during the third quarter. Morgan Stanley now owns 6,777,338 shares of the exchange traded fund’s stock worth $749,707,000 after purchasing an additional 46,402 shares in the last quarter. Belpointe Asset Management LLC lifted its holdings in iShares TIPS Bond ETF by 84.5% in the third quarter. Belpointe Asset Management LLC now owns 119,994 shares of the exchange traded fund’s stock valued at $13,273,000 after buying an additional 54,969 shares during the period. Finally, Sequoia Wealth Management LLC acquired a new position in iShares TIPS Bond ETF in the third quarter valued at approximately $232,000.
NYSEARCA:TIP traded up $0.26 during trading hours on Tuesday, hitting $112.81. The stock had a trading volume of 967,807 shares, compared to its average volume of 1,249,682. iShares TIPS Bond ETF has a one year low of $107.53 and a one year high of $113.30.
TRADEMARK VIOLATION NOTICE: This article was posted by Watch List News and is the property of of Watch List News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.watchlistnews.com/ishares-tips-bond-etf-tip-holdings-reduced-by-white-pine-investment-co/2982787.html.
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).
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.