Ted Buchan & Co Purchases 1,051 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Ted Buchan & Co increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,897 shares of the exchange traded fund’s stock after buying an additional 1,051 shares during the period. iShares TIPS Bond ETF comprises 4.9% of Ted Buchan & Co’s portfolio, making the stock its 5th largest holding. Ted Buchan & Co owned approximately 0.06% of iShares TIPS Bond ETF worth $10,324,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Assetmark Inc. boosted its stake in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after buying an additional 1,378,094 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $76,533,000. Sumitomo Life Insurance Co. increased its position in 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 worth $155,749,000 after purchasing an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth approximately $42,463,000. Finally, Raymond James Financial Inc. purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth approximately $37,033,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of NYSEARCA TIP opened at $110.60 on Friday. The stock has a market capitalization of $14.50 billion, a PE ratio of 12.43 and a beta of 0.29. The firm has a fifty day moving average of $109.33 and a 200-day moving average of $108.60. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.51.

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).