OLD National Bancorp IN Cuts Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

OLD National Bancorp IN trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,560 shares of the exchange traded fund’s stock after selling 2,286 shares during the period. OLD National Bancorp IN’s holdings in iShares TIPS Bond ETF were worth $1,056,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Confluence Wealth Services Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth $213,000. TIAA Trust National Association increased its holdings in shares of iShares TIPS Bond ETF by 3.2% in the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock worth $9,447,000 after purchasing an additional 2,776 shares during the last quarter. Buck Wealth Strategies LLC grew its position in iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock worth $7,267,000 after acquiring an additional 62,426 shares in the last quarter. Nisa Investment Advisors LLC purchased a new position in iShares TIPS Bond ETF in the second quarter worth about $27,453,000. Finally, SMI Advisory Services LLC purchased a new position in iShares TIPS Bond ETF in the first quarter worth about $3,934,000.

iShares TIPS Bond ETF Trading Down 0.7 %

TIP opened at $108.57 on Tuesday. The firm has a market cap of $18.84 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $102.32 and a 12 month high of $111.06. The stock has a 50-day moving average of $109.62 and a 200 day moving average of $107.73.

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).