SVB Wealth LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,053 shares of the exchange traded fund’s stock, valued at approximately $219,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its holdings in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after buying an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. raised its position in shares of iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after acquiring an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $42,463,000. SG Americas Securities LLC boosted its position in shares of iShares TIPS Bond ETF by 25,645.3% in the 4th quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after purchasing an additional 272,866 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 10,555.0% during the fourth quarter. Proficio Capital Partners LLC now owns 209,904 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 207,934 shares during the period.
iShares TIPS Bond ETF Trading Down 0.5 %
NYSEARCA TIP opened at $109.69 on Thursday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The stock has a 50-day simple moving average of $107.89 and a 200 day simple moving average of $108.50. The company has a market capitalization of $14.04 billion, a PE ratio of 12.25 and a beta of 0.26.
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).
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