Commerce Bank Has $4.42 Million Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Commerce Bank decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.4% in the 4th quarter, HoldingsChannel reports. The firm owned 41,460 shares of the exchange traded fund’s stock after selling 2,851 shares during the quarter. Commerce Bank’s holdings in iShares TIPS Bond ETF were worth $4,418,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TIP. GPS Wealth Strategies Group LLC increased its holdings in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares in the last quarter. FC Advisory LLC increased its stake in shares of 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 buying an additional 110 shares during the period. Invesco Ltd. raised its position in shares of iShares TIPS Bond ETF by 2.7% during the fourth quarter. Invesco Ltd. now owns 4,343 shares of the exchange traded fund’s stock worth $463,000 after acquiring an additional 116 shares during the last quarter. Clear Investment Research LLC lifted its stake in shares of iShares TIPS Bond ETF by 2.2% during the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock valued at $652,000 after acquiring an additional 130 shares during the period. Finally, Bank of Marin boosted its holdings in iShares TIPS Bond ETF by 1.5% in the fourth quarter. Bank of Marin now owns 9,220 shares of the exchange traded fund’s stock valued at $982,000 after acquiring an additional 137 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of TIP stock opened at $109.03 on Monday. The firm has a market cap of $13.92 billion, a price-to-earnings ratio of 12.22 and a beta of 0.29. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.51. The stock has a 50-day moving average price of $109.46 and a 200 day moving average price of $108.44.

iShares TIPS Bond ETF 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).