Matrix Trust Co Acquires Shares of 1,233 iShares TIPS Bond ETF (NYSEARCA:TIP)

Matrix Trust Co acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,233 shares of the exchange traded fund’s stock, valued at approximately $133,000.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after buying an additional 3,232,628 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares TIPS Bond ETF by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after buying an additional 148,842 shares in the last quarter. Rock Creek Group LP boosted its holdings in shares of iShares TIPS Bond ETF by 1,992.9% in the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares TIPS Bond ETF by 37.7% in the 3rd quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock valued at $223,520,000 after buying an additional 589,881 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock traded up $0.27 during trading hours on Friday, hitting $105.78. The company had a trading volume of 1,382,555 shares, compared to its average volume of 2,184,771. The company’s 50-day moving average is $106.53 and its two-hundred day moving average is $105.92. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47. The company has a market cap of $18.57 billion, a P/E ratio of 11.92 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).