iShares TIPS Bond ETF $TIP Shares Acquired by Partners Capital Investment Group LLP

Partners Capital Investment Group LLP increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 80.5% in the first quarter, HoldingsChannel reports. The firm owned 1,023,999 shares of the exchange traded fund’s stock after acquiring an additional 456,633 shares during the quarter. iShares TIPS Bond ETF accounts for 1.9% of Partners Capital Investment Group LLP’s portfolio, making the stock its 14th biggest position. Partners Capital Investment Group LLP’s holdings in iShares TIPS Bond ETF were worth $113,756,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bank of New York Mellon Corp raised its position in iShares TIPS Bond ETF by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after acquiring an additional 9,526 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares TIPS Bond ETF by 24.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 178,402 shares of the exchange traded fund’s stock worth $19,819,000 after purchasing an additional 35,058 shares during the period. Golden State Wealth Management LLC grew its stake in shares of iShares TIPS Bond ETF by 295.0% during the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 177 shares during the period. Fiera Capital Corp increased its holdings in shares of iShares TIPS Bond ETF by 3.8% during the 1st quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 165 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in shares of iShares TIPS Bond ETF by 13.2% in the 1st quarter. Mackenzie Financial Corp now owns 54,000 shares of the exchange traded fund’s stock valued at $5,999,000 after purchasing an additional 6,300 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $110.15 on Thursday. The company has a market capitalization of $13.72 billion, a PE ratio of 12.40 and a beta of 0.19. The company’s fifty day moving average price is $109.69 and its 200 day moving average price is $109.35. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $111.50.

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).