M&T Bank Corp Has $408,000 Stake in iShares TIPS Bond ETF $TIP

M&T Bank Corp lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 90.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,709 shares of the exchange traded fund’s stock after selling 36,940 shares during the period. M&T Bank Corp’s holdings in iShares TIPS Bond ETF were worth $408,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TIP. Key Client Fiduciary Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $211,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of iShares TIPS Bond ETF by 2.7% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 51,280 shares of the exchange traded fund’s stock valued at $5,636,000 after acquiring an additional 1,354 shares during the period. RTD Financial Advisors Inc. lifted its position in shares of iShares TIPS Bond ETF by 4.4% during the 4th quarter. RTD Financial Advisors Inc. now owns 135,961 shares of the exchange traded fund’s stock valued at $14,943,000 after acquiring an additional 5,736 shares during the period. Evergreen Capital Management LLC lifted its position in shares of iShares TIPS Bond ETF by 2.8% during the 4th quarter. Evergreen Capital Management LLC now owns 38,885 shares of the exchange traded fund’s stock valued at $4,274,000 after acquiring an additional 1,043 shares during the period. Finally, Sterling Financial Planning Inc. lifted its position in shares of iShares TIPS Bond ETF by 3.2% during the 4th quarter. Sterling Financial Planning Inc. now owns 14,867 shares of the exchange traded fund’s stock valued at $1,634,000 after acquiring an additional 463 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.2%

iShares TIPS Bond ETF stock opened at $111.35 on Friday. iShares TIPS Bond ETF has a 12-month low of $107.98 and a 12-month high of $112.26. The firm’s fifty day moving average is $111.08 and its 200 day moving average is $110.84. The company has a market capitalization of $14.73 billion, a PE ratio of 12.40 and a beta of 0.27.

About iShares TIPS Bond ETF

(Free Report)

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.

Featured Articles

• Five stocks we like better than iShares TIPS Bond ETF

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report).