iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Forefront Analytics LLC

Forefront Analytics LLC lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 200.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,329 shares of the exchange traded fund’s stock after acquiring an additional 38,252 shares during the period. iShares TIPS Bond ETF accounts for approximately 2.8% of Forefront Analytics LLC’s investment portfolio, making the stock its 15th biggest holding. Forefront Analytics LLC’s holdings in iShares TIPS Bond ETF were worth $6,108,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Assetmark Inc. raised its holdings in shares of iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after buying an additional 1,378,094 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in iShares TIPS Bond ETF by 3,416.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,044,440 shares of the exchange traded fund’s stock worth $111,285,000 after buying an additional 1,014,735 shares during the period. FMR LLC increased its stake in iShares TIPS Bond ETF by 10.6% in the 4th quarter. FMR LLC now owns 7,729,985 shares of the exchange traded fund’s stock valued at $823,630,000 after purchasing an additional 739,540 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at $76,533,000. Finally, Sumitomo Life Insurance Co. raised its position in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after acquiring an additional 536,610 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $109.08 on Friday. The stock has a market cap of $13.93 billion, a PE ratio of 12.22 and a beta of 0.29. iShares TIPS Bond ETF has a one year low of $104.69 and a one year high of $111.51. The business’s fifty day moving average price is $109.54 and its two-hundred day moving average price is $108.46.

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).