iShares TIPS Bond ETF $TIP Stock Holdings Lessened by Vertex Investment Solutions Co. Ltd.

Vertex Investment Solutions Co. Ltd. lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 51.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,300 shares of the exchange traded fund’s stock after selling 48,900 shares during the period. iShares TIPS Bond ETF accounts for about 5.9% of Vertex Investment Solutions Co. Ltd.’s holdings, making the stock its 4th biggest position. Vertex Investment Solutions Co. Ltd.’s holdings in iShares TIPS Bond ETF were worth $5,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings 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 purchasing an additional 4,189,926 shares in the last quarter. Valpey Financial Services LLC boosted its holdings in iShares TIPS Bond ETF by 10,997.3% in the 4th quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after purchasing an additional 2,407,090 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $187,000. Northwestern Mutual Wealth Management Co. increased its position in iShares TIPS Bond ETF by 176.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,248,103 shares of the exchange traded fund’s stock worth $137,179,000 after purchasing an additional 797,259 shares during the period. Finally, BNP Paribas Financial Markets increased its position in iShares TIPS Bond ETF by 615.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 649,189 shares of the exchange traded fund’s stock worth $72,203,000 after purchasing 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 Trading Down 0.1%

Shares of TIP stock opened at $108.05 on Thursday. The stock has a 50 day simple moving average of $109.98 and a 200-day simple moving average of $110.45. The company has a market cap of $14.50 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12-month low of $107.98 and a 12-month 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.

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

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