Natixis Advisors LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 1.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 79,811 shares of the exchange traded fund’s stock after selling 1,285 shares during the quarter. Natixis Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $8,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC raised its holdings in iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. raised its holdings in iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares during the period. Assetmark Inc. raised its holdings in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after purchasing an additional 1,378,094 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in iShares TIPS Bond ETF by 7.0% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 893,256 shares of the exchange traded fund’s stock worth $105,032,000 after purchasing an additional 58,066 shares during the period.
iShares TIPS Bond ETF Stock Performance
Shares of iShares TIPS Bond ETF stock opened at $110.23 on Friday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The stock’s fifty day moving average is $108.58 and its 200 day moving average is $108.55. The stock has a market cap of $14.35 billion, a P/E ratio of 12.32 and a beta of 0.28.
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).
Featured Articles
- Five stocks we like better than iShares TIPS Bond ETF
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Best Stocks Under $5.00
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report).
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.