Bank Julius Baer & Co. Ltd Zurich Buys 58,066 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 893,256 shares of the exchange traded fund’s stock after acquiring an additional 58,066 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.51% of iShares TIPS Bond ETF worth $105,032,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TIP. FMR LLC increased its position in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the period. Assetmark Inc. boosted its stake in shares of iShares TIPS Bond ETF by 1,852.1% during the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after purchasing an additional 1,378,094 shares in the last quarter. Sumitomo Life Insurance Co. boosted its stake in shares of iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $42,463,000. Finally, Raymond James Financial Inc. bought a new position in iShares TIPS Bond ETF in the fourth quarter worth approximately $37,033,000.

iShares TIPS Bond ETF Stock Down 0.2 %

iShares TIPS Bond ETF stock opened at $109.46 on Friday. The firm has a market cap of $14.01 billion, a P/E ratio of 12.25 and a beta of 0.26. The business has a fifty day moving average of $108.01 and a two-hundred day moving average of $108.51. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06.

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).