Keybank National Association OH Has $62.21 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Keybank National Association OH reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 583,887 shares of the exchange traded fund’s stock after selling 16,538 shares during the quarter. Keybank National Association OH owned approximately 0.34% of iShares TIPS Bond ETF worth $62,213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TIP. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth about $26,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at $30,000. Kestra Investment Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth about $45,000. GPS Wealth Strategies Group LLC grew its holdings in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares during the last quarter. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth about $82,000.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $110.64 on Tuesday. The firm has a 50 day simple moving average of $107.75 and a 200 day simple moving average of $108.48. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The firm has a market cap of $14.16 billion, a P/E ratio of 12.25 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).