First National Bank & Trust Co. of Newtown Has $8.01 Million Position in iShares TIPS Bond ETF $TIP

First National Bank & Trust Co. of Newtown lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,535 shares of the exchange traded fund’s stock after selling 11,909 shares during the period. iShares TIPS Bond ETF comprises about 1.7% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 9th largest position. First National Bank & Trust Co. of Newtown’s holdings in iShares TIPS Bond ETF were worth $8,005,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. TD Capital Management LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter worth $25,000. Woodside Wealth Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 167.8% in the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 151 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth about $26,000. Laurel Wealth Advisors LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter valued at about $28,000. Finally, Holos Integrated Wealth LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter valued at about $29,000. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $108.12 on Friday. The company has a market capitalization of $14.51 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52-week low of $107.98 and a 52-week high of $112.26. The company has a 50-day simple moving average of $109.90 and a 200 day simple moving average of $110.44.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.