17,179 Shares in iShares TIPS Bond ETF $TIP Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,179 shares of the exchange traded fund’s stock, valued at approximately $1,787,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Baird Financial Group Inc. raised its holdings in shares of iShares TIPS Bond ETF by 44.1% in the second quarter. Baird Financial Group Inc. now owns 95,860 shares of the exchange traded fund’s stock valued at $10,490,000 after acquiring an additional 29,323 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares TIPS Bond ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock worth $222,108,000 after acquiring an additional 68,483 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in iShares TIPS Bond ETF by 12.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 425,671 shares of the exchange traded fund’s stock worth $46,094,000 after acquiring an additional 46,597 shares in the last quarter. Engineers Gate Manager LP bought a new position in iShares TIPS Bond ETF during the 2nd quarter worth about $1,158,000. Finally, Passaic Partners LLC increased its position in iShares TIPS Bond ETF by 124.5% during the 2nd quarter. Passaic Partners LLC now owns 349,260 shares of the exchange traded fund’s stock valued at $38,220,000 after purchasing an additional 193,664 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $105.26 on Tuesday. iShares TIPS Bond ETF has a one year low of $103.75 and a one year high of $112.24. The company has a market capitalization of $14.42 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. The company’s 50-day simple moving average is $105.86 and its two-hundred day simple moving average is $108.31.

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). 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.