Bank Julius Baer & Co. Ltd Zurich Boosts Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 893,256 shares of the exchange traded fund’s stock after buying an additional 58,066 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares TIPS Bond ETF were worth $105,032,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TIP. Kohmann Bosshard Financial Services LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter valued at approximately $26,000. Mainstream Capital Management LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at $30,000. Kestra Investment Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $45,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the period. Finally, Washington Trust Advisors Inc. purchased a new position in iShares TIPS Bond ETF in the 4th quarter worth $57,000.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $109.46 on Friday. The business’s 50-day simple moving average is $108.01 and its two-hundred day simple moving average is $108.51. The company has a market cap of $14.01 billion, a PE ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06.

iShares TIPS Bond ETF Company 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).