Blue Edge Capital LLC Invests $21.49 Million in iShares TIPS Bond ETF $TIP

Blue Edge Capital LLC purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 196,373 shares of the exchange traded fund’s stock, valued at approximately $21,489,000. iShares TIPS Bond ETF accounts for about 2.5% of Blue Edge Capital LLC’s holdings, making the stock its 10th largest position. Blue Edge Capital LLC owned approximately 0.15% of iShares TIPS Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of TIP. Bank of America Corp DE grew its stake in iShares TIPS Bond ETF by 18.1% during the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after acquiring an additional 3,729,751 shares in the last quarter. Valpey Financial Services LLC lifted its position in shares of iShares TIPS Bond ETF by 10,997.3% in 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 purchasing an additional 2,407,090 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares TIPS Bond ETF by 176.8% in the fourth 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 in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of iShares TIPS Bond ETF by 615.5% during the third 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. Finally, Capitolis Liquid Global Markets LLC boosted its holdings in shares of iShares TIPS Bond ETF by 846.0% during the fourth quarter. Capitolis Liquid Global Markets LLC now owns 473,000 shares of the exchange traded fund’s stock worth $51,987,000 after purchasing an additional 423,000 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $106.80 on Thursday. The firm has a market cap of $14.45 billion, a PE ratio of 12.40 and a beta of 0.26. The firm’s 50 day moving average price is $107.45 and its two-hundred day moving average price is $109.50. iShares TIPS Bond ETF has a twelve month low of $106.69 and a twelve month high of $112.26.

iShares TIPS Bond ETF 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.