Cambridge Associates LLC MA ADV Buys 131,485 Shares of iShares TIPS Bond ETF $TIP

Cambridge Associates LLC MA ADV grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 105.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 255,669 shares of the exchange traded fund’s stock after buying an additional 131,485 shares during the period. iShares TIPS Bond ETF makes up approximately 0.4% of Cambridge Associates LLC MA ADV’s holdings, making the stock its 25th biggest position. Cambridge Associates LLC MA ADV owned about 0.19% of iShares TIPS Bond ETF worth $28,216,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TIP. TD Capital Management LLC acquired a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $25,000. Woodside Wealth Management LLC grew its holdings in iShares TIPS Bond ETF by 167.8% during the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $28,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $30,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of iShares TIPS Bond ETF stock opened at $107.77 on Thursday. The firm has a fifty day simple moving average of $109.32 and a 200-day simple moving average of $110.31. iShares TIPS Bond ETF has a 1-year low of $107.76 and a 1-year high of $112.26. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.

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.