Ted Buchan & Co Acquires 6,021 Shares of iShares TIPS Bond ETF $TIP

Ted Buchan & Co lifted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,197 shares of the exchange traded fund’s stock after acquiring an additional 6,021 shares during the quarter. iShares TIPS Bond ETF makes up approximately 4.6% of Ted Buchan & Co’s holdings, making the stock its 5th largest holding. Ted Buchan & Co’s holdings in iShares TIPS Bond ETF were worth $12,442,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Cibc World Market Inc. raised its position in iShares TIPS Bond ETF by 0.9% in the 4th quarter. Cibc World Market Inc. now owns 25,096 shares of the exchange traded fund’s stock worth $2,758,000 after purchasing an additional 213 shares during the last quarter. Greenspring Advisors LLC raised its position in iShares TIPS Bond ETF by 1,209.0% in the 4th quarter. Greenspring Advisors LLC now owns 30,709 shares of the exchange traded fund’s stock worth $3,375,000 after purchasing an additional 28,363 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $26,000. Lido Advisors LLC raised its position in iShares TIPS Bond ETF by 0.9% in the 4th quarter. Lido Advisors LLC now owns 184,848 shares of the exchange traded fund’s stock worth $20,458,000 after purchasing an additional 1,617 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares TIPS Bond ETF by 2.3% in the 4th quarter. Bank of New York Mellon Corp now owns 465,284 shares of the exchange traded fund’s stock worth $51,139,000 after purchasing an additional 10,593 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $109.77 on Thursday. The company has a 50 day moving average price of $110.86 and a 200 day moving average price of $110.72. iShares TIPS Bond ETF has a fifty-two week low of $108.07 and a fifty-two week high of $112.26. The stock has a market capitalization of $14.52 billion, a PE ratio of 12.40 and a beta of 0.27.

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.