BNP Paribas Financial Markets boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 126.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,702 shares of the exchange traded fund’s stock after purchasing an additional 32,190 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares TIPS Bond ETF were worth $6,148,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter valued at approximately $26,000. Transce3nd LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $29,000. Mainstream Capital Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $30,000. Biltmore Family Office LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $32,000. Finally, Kestra Investment Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $45,000.
iShares TIPS Bond ETF Stock Performance
Shares of TIP stock opened at $108.23 on Tuesday. iShares TIPS Bond ETF has a 1 year low of $104.69 and a 1 year high of $111.51. The stock has a fifty day moving average of $109.52 and a two-hundred day moving average of $108.46. The firm has a market capitalization of $13.77 billion, a PE ratio of 12.40 and a beta of 0.29.
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).
Featured Stories
- Five stocks we like better than iShares TIPS Bond ETF
- How to Buy Gold Stock and Invest in Gold
- Palantir’s Latest Deal Could Put a Freeze on Its Stock Price
- What Are Dividend Achievers? An Introduction
- 4 Automaker Stocks React to Tariffs: Winners and Losers
- Canada Bond Market Holiday: How to Invest and Trade
- Here’s Why Call Option Traders Love Dutch Bros Stock
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.
