Florin Court Capital LLP Has $1 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Florin Court Capital LLP decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 27.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,400 shares of the exchange traded fund’s stock after selling 3,500 shares during the quarter. iShares TIPS Bond ETF makes up 1.0% of Florin Court Capital LLP’s holdings, making the stock its 22nd biggest position. Florin Court Capital LLP’s holdings in iShares TIPS Bond ETF were worth $1,002,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in TIP. GenTrust LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock worth $21,670,000 after buying an additional 1,804 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares TIPS Bond ETF by 167.4% during the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after buying an additional 3,183 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 17.9% during the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after buying an additional 21,755 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

TIP opened at $108.70 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The company has a market capitalization of $18.86 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a fifty day moving average of $107.36 and a 200-day moving average of $108.41.

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).