Canandaigua National Bank & Trust Co. Sells 1,814 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Canandaigua National Bank & Trust Co. trimmed its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,512 shares of the exchange traded fund’s stock after selling 1,814 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares TIPS Bond ETF were worth $800,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. William B. Walkup & Associates Inc. bought a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $26,000. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $37,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the period. Sound Income Strategies LLC lifted its stake in shares of iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC increased its stake in iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 194 shares during the period.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $106.49 on Tuesday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The stock has a market cap of $18.48 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The business has a 50 day moving average price of $107.69 and a two-hundred day moving average price of $108.32.

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).