iShares TIPS Bond ETF (NYSEARCA:TIP – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $106.41 and last traded at $106.4250, with a volume of 218653 shares trading hands. The stock had previously closed at $106.80.
iShares TIPS Bond ETF Price Performance
The stock has a market capitalization of $14.41 billion, a P/E ratio of 12.40 and a beta of 0.26. The stock’s fifty day moving average price is $107.45 and its 200 day moving average price is $109.50.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. TD Capital Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $25,000. Evolution Wealth Management Inc. purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at about $40,000. Finally, Golden State Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 52.9% in the 4th quarter. Golden State Wealth Management LLC now owns 396 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 137 shares during the last quarter. 63.62% of the stock is currently owned by hedge funds and other institutional investors.
About iShares TIPS Bond ETF
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.
Read More
- Five stocks we like better than iShares TIPS Bond ETF
- GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Why Braze’s Guidance Miss May Be a Gift for Investors
- This Corner of the Market Is Outperforming the Benchmark—And It’s Not AI
- Victoria’s Secret’s Comeback Is Real—The Stock’s Problem Is Different
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.
