Fifth Third Bancorp Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fifth Third Bancorp decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,099 shares of the exchange traded fund’s stock after selling 3,263 shares during the quarter. Fifth Third Bancorp’s holdings in iShares TIPS Bond ETF were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL increased its holdings 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 worth $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC raised its holdings in shares of iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $96,000. Finally, Tsfg LLC raised its position in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of TIP stock opened at $107.82 on Thursday. The business has a 50-day moving average price of $107.38 and a two-hundred day moving average price of $108.33. The firm has a market cap of $18.71 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month 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).