School Employees Retirement Board of Ohio Takes $9.92 Million Position in iShares TIPS Bond ETF $TIP

School Employees Retirement Board of Ohio acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 89,915 shares of the exchange traded fund’s stock, valued at approximately $9,923,000. iShares TIPS Bond ETF comprises approximately 4.0% of School Employees Retirement Board of Ohio’s investment portfolio, making the stock its 6th largest holding. School Employees Retirement Board of Ohio owned about 0.07% of iShares TIPS Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC grew its holdings in shares of iShares TIPS Bond ETF by 339.0% in the 4th quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock worth $3,042,000 after acquiring an additional 21,372 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at $834,000. Bank of America Corp DE lifted its holdings in shares of 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 valued at $1,908,042,000 after purchasing an additional 4,189,926 shares during the last quarter. Keybank National Association OH boosted its position in shares of iShares TIPS Bond ETF by 3.0% in the 4th quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after purchasing an additional 18,437 shares during the period. Finally, Envision Financial LLC boosted its position in shares of iShares TIPS Bond ETF by 200.0% in the 4th quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock valued at $989,000 after purchasing an additional 6,000 shares during the period. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Trading Down 1.2%

NYSEARCA TIP opened at $108.17 on Thursday. iShares TIPS Bond ETF has a 1 year low of $108.16 and a 1 year high of $112.26. The company has a market cap of $14.65 billion, a PE ratio of 12.40 and a beta of 0.26. The stock’s 50-day moving average price is $110.30 and its two-hundred day moving average price is $110.52.

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.