iShares TIPS Bond ETF $TIP Shares Acquired by Chemistry Wealth Management LLC

Chemistry Wealth Management LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 105.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,266 shares of the exchange traded fund’s stock after purchasing an additional 11,405 shares during the period. Chemistry Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $2,437,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE increased its stake in iShares TIPS Bond ETF by 18.1% in the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock worth $2,685,035,000 after purchasing an additional 3,729,751 shares in the last quarter. Valpey Financial Services LLC lifted its stake in iShares TIPS Bond ETF by 10,997.3% during the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after buying an additional 2,407,090 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at about $187,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares TIPS Bond ETF by 176.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,248,103 shares of the exchange traded fund’s stock valued at $137,179,000 after buying an additional 797,259 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of iShares TIPS Bond ETF by 615.5% in the third quarter. BNP Paribas Financial Markets now owns 649,189 shares of the exchange traded fund’s stock worth $72,203,000 after buying an additional 558,456 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $107.08 on Friday. The firm’s 50 day simple moving average is $108.53 and its 200-day simple moving average is $110.08. The company has a market cap of $14.49 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a fifty-two week low of $106.75 and a fifty-two week high of $112.26.

iShares TIPS Bond ETF Profile

(Free Report)

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.

Featured Articles

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPFree Report).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.