Thompson Siegel & Walmsley LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,056 shares of the exchange traded fund’s stock, valued at approximately $338,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TIP. Envestnet Asset Management Inc. increased its position in shares of iShares TIPS Bond ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after purchasing an additional 410,284 shares during the period. Sumitomo Life Insurance Co. bought a new stake in iShares TIPS Bond ETF in the third quarter worth about $102,200,000. Marshall Wace LLP lifted its holdings in iShares TIPS Bond ETF by 3.1% in the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after acquiring an additional 16,839 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares TIPS Bond ETF by 30.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after purchasing an additional 107,653 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares TIPS Bond ETF by 5.0% in the 2nd quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after purchasing an additional 21,268 shares during the last quarter.
iShares TIPS Bond ETF Price Performance
TIP stock opened at $107.77 on Friday. The firm has a market cap of $18.70 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.19 and a 12 month high of $111.06. The firm has a 50 day simple moving average of $109.04 and a 200 day simple moving average of $108.07.
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).
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