Union Bancaire Privee UBP SA Takes Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Union Bancaire Privee UBP SA acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,675 shares of the exchange traded fund’s stock, valued at approximately $285,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC increased its position in shares of iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $318,257,000 after acquiring an additional 51,713 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $102,200,000. Cetera Investment Advisers lifted its holdings 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 acquiring an additional 21,268 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the period.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $107.95 on Wednesday. The firm has a 50 day moving average price of $107.38 and a 200 day moving average price of $108.33. 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 $18.73 billion, a PE ratio of 11.86 and a beta of 0.09.

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).