iShares TIPS Bond ETF $TIP Shares Purchased by Cwm LLC

Cwm LLC raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.5% during the fourth quarter, HoldingsChannel reports. The fund owned 151,266 shares of the exchange traded fund’s stock after acquiring an additional 34,426 shares during the quarter. Cwm LLC’s holdings in iShares TIPS Bond ETF were worth $16,626,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gould Asset Management LLC CA raised its stake in shares of iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after purchasing an additional 90 shares in the last quarter. Aspiriant LLC grew its stake in iShares TIPS Bond ETF by 2.2% in the fourth quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 95 shares in the last quarter. Apollon Wealth Management LLC grew its stake in iShares TIPS Bond ETF by 2.3% in the fourth quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 96 shares in the last quarter. Farrell Financial LLC increased its holdings in iShares TIPS Bond ETF by 1.4% in the fourth quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 98 shares during the last quarter. Finally, BOS Asset Management LLC increased its holdings in iShares TIPS Bond ETF by 1.0% in the third quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock valued at $1,121,000 after buying an additional 103 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.3%

Shares of NYSEARCA TIP opened at $111.48 on Friday. The stock’s 50 day moving average price is $111.01 and its two-hundred day moving average price is $110.82. iShares TIPS Bond ETF has a 52-week low of $107.98 and a 52-week high of $112.26. The stock has a market capitalization of $14.34 billion, a P/E ratio of 12.40 and a beta of 0.28.

iShares TIPS Bond ETF Company 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.