First Hawaiian Bank Lowers Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

First Hawaiian Bank reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,262 shares of the exchange traded fund’s stock after selling 951 shares during the quarter. First Hawaiian Bank’s holdings in iShares TIPS Bond ETF were worth $667,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TIP. FC Advisory LLC grew its stake in iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 110 shares during the period. Horizons Wealth Management grew its stake in iShares TIPS Bond ETF by 3.5% in the 4th quarter. Horizons Wealth Management now owns 53,673 shares of the exchange traded fund’s stock valued at $5,719,000 after purchasing an additional 1,801 shares during the period. Insight Wealth Strategies LLC grew its stake in iShares TIPS Bond ETF by 2.5% in the 4th quarter. Insight Wealth Strategies LLC now owns 85,283 shares of the exchange traded fund’s stock valued at $9,087,000 after purchasing an additional 2,108 shares during the period. JPMorgan Chase & Co. grew its stake in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares during the period. Finally, Capasso Planning Partners LLC bought a new position in iShares TIPS Bond ETF in the 3rd quarter valued at $347,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $106.22 on Friday. The company has a market capitalization of $18.43 billion, a PE ratio of 11.86 and a beta of 0.09. The business has a fifty day moving average price of $107.55 and a two-hundred day moving average price of $108.28. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

iShares TIPS Bond ETF Company 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).