iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 428,400 shares of the exchange traded fund’s stock after acquiring an additional 5,900 shares during the period. Pictet Asset Management Holding SA owned approximately 0.25% of iShares TIPS Bond ETF worth $45,646,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Sterling Financial Planning Inc. grew its stake in shares of iShares TIPS Bond ETF by 70.6% during the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after purchasing an additional 10,345 shares during the period. Merit Financial Group LLC increased its holdings in shares of iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after purchasing an additional 3,183 shares in the last quarter. M&T Bank Corp boosted its holdings in iShares TIPS Bond ETF by 7.1% during the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock worth $4,788,000 after buying an additional 2,993 shares in the last quarter. Finally, SigFig Wealth Management LLC grew its position in iShares TIPS Bond ETF by 5.5% during the fourth quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after buying an additional 1,491 shares during the period.

iShares TIPS Bond ETF Trading Up 0.5 %

TIP stock opened at $110.65 on Monday. The firm has a 50 day moving average of $108.99 and a 200-day moving average of $108.56. The company has a market cap of $14.41 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).