iShares TIPS Bond ETF $TIP Shares Bought by Greenspring Advisors LLC

Greenspring Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1,209.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 30,709 shares of the exchange traded fund’s stock after acquiring an additional 28,363 shares during the period. Greenspring Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,375,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its position in iShares TIPS Bond ETF by 32.3% during the third quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares during the period. Valpey Financial Services LLC raised its position 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 worth $266,969,000 after acquiring an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth $187,000. Sumitomo Life Insurance Co. raised its position in iShares TIPS Bond ETF by 44.3% during the third quarter. Sumitomo Life Insurance Co. now owns 1,471,634 shares of the exchange traded fund’s stock worth $163,675,000 after acquiring an additional 451,450 shares during the period. Finally, Ameriprise Financial Inc. raised its position in iShares TIPS Bond ETF by 43.0% during the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock worth $152,991,000 after acquiring an additional 417,901 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $109.77 on Thursday. The company has a fifty day moving average of $110.86 and a two-hundred day moving average of $110.72. The stock has a market capitalization of $14.52 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a fifty-two week low of $108.07 and a fifty-two week high of $112.26.

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). 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.