First Hawaiian Bank trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,835 shares of the exchange traded fund’s stock after selling 615 shares during the period. First Hawaiian Bank’s holdings in iShares TIPS Bond ETF were worth $1,485,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. MTM Investment Management LLC bought a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $26,000. Retirement Group LLC bought a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $28,000. Simon Quick Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $34,000. Atlas Private Wealth Advisors boosted its holdings in shares of iShares TIPS Bond ETF by 89.3% in the fourth quarter. Atlas Private Wealth Advisors now owns 265 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 125 shares during the period. Finally, Filbrandt Wealth Management LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $37,000.
Shares of TIP opened at $125.38 on Tuesday. The business’s 50-day moving average price is $125.48 and its 200-day moving average price is $126.32. iShares TIPS Bond ETF has a twelve month low of $119.95 and a twelve month high of $128.27.
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).
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