Edmond DE Rothschild Holding S.A. Raises Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Edmond DE Rothschild Holding S.A. lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 75.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,894 shares of the exchange traded fund’s stock after purchasing an additional 8,575 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in iShares TIPS Bond ETF were worth $2,120,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in TIP. JPMorgan Chase & Co. lifted its holdings in shares of 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 buying an additional 51,713 shares during the period. Sterling Financial Planning Inc. grew its holdings in 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 acquiring an additional 10,345 shares in the last quarter. Merit Financial Group LLC grew its holdings in iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after acquiring an additional 3,183 shares in the last quarter. M&T Bank Corp increased its position in iShares TIPS Bond ETF by 7.1% during the 4th quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after purchasing an additional 2,993 shares during the period. Finally, SigFig Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 5.5% in the 4th quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock valued at $3,060,000 after purchasing an additional 1,491 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $111.09 on Tuesday. The company has a market cap of $14.56 billion, a PE ratio of 12.43 and a beta of 0.29. The firm’s 50 day moving average price is $109.07 and its 200-day moving average price is $108.57. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.23.

About iShares TIPS Bond ETF

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).