Hanson & Doremus Investment Management Cuts Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Hanson & Doremus Investment Management trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,060 shares of the exchange traded fund’s stock after selling 130 shares during the period. Hanson & Doremus Investment Management’s holdings in iShares TIPS Bond ETF were worth $326,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its stake in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. lifted its position in shares of iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares TIPS Bond ETF by 5.0% in the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock valued at $47,406,000 after purchasing an additional 21,268 shares during the period. Finally, Baldwin Wealth Partners LLC MA grew its holdings in shares of iShares TIPS Bond ETF by 52.6% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock valued at $45,729,000 after purchasing an additional 147,849 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

iShares TIPS Bond ETF stock opened at $107.82 on Thursday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The firm has a market cap of $18.71 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s 50 day moving average is $107.38 and its two-hundred day moving average is $108.33.

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).