RS Crum Inc. Sells 1,985 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

RS Crum Inc. lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 39.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,005 shares of the exchange traded fund’s stock after selling 1,985 shares during the period. RS Crum Inc.’s holdings in iShares TIPS Bond ETF were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TIP. Signature Wealth Management Group raised its position in shares of iShares TIPS Bond ETF by 1.8% in the fourth quarter. Signature Wealth Management Group now owns 40,328 shares of the exchange traded fund’s stock valued at $4,297,000 after purchasing an additional 725 shares during the period. Family Firm Inc. grew its stake in iShares TIPS Bond ETF by 0.5% in the 4th quarter. Family Firm Inc. now owns 187,377 shares of the exchange traded fund’s stock valued at $19,965,000 after buying an additional 970 shares during the last quarter. Wellington Shields & Co. LLC lifted its position in iShares TIPS Bond ETF by 97.4% during the fourth quarter. Wellington Shields & Co. LLC now owns 5,067 shares of the exchange traded fund’s stock worth $540,000 after acquiring an additional 2,500 shares during the last quarter. First National Trust Co boosted its holdings in shares of iShares TIPS Bond ETF by 86.0% during the fourth quarter. First National Trust Co now owns 9,050 shares of the exchange traded fund’s stock worth $964,000 after acquiring an additional 4,185 shares during the period. Finally, Hughes Financial Services LLC acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $2,314,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $109.42 on Friday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The firm’s 50-day simple moving average is $108.31 and its 200 day simple moving average is $108.53. The firm has a market cap of $14.25 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).