iShares TIPS Bond ETF $TIP Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 288,771 shares of the exchange traded fund’s stock after purchasing an additional 26,441 shares during the period. TD Waterhouse Canada Inc. owned about 0.23% of iShares TIPS Bond ETF worth $32,257,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gladwyn Financial Advisors Inc. purchased a new stake in iShares TIPS Bond ETF during the 2nd quarter worth about $25,000. Root Financial Partners LLC acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at about $33,000. Hilltop National Bank acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter worth approximately $36,000. Abound Wealth Management purchased a new stake in iShares TIPS Bond ETF in the third quarter valued at approximately $41,000. Finally, Financial Gravity Companies Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth approximately $43,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.0%

Shares of TIP opened at $110.44 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $106.47 and a fifty-two week high of $112.26. The company’s fifty day moving average is $110.33 and its two-hundred day moving average is $110.70. The firm has a market cap of $14.14 billion, a PE ratio of 12.40 and a beta of 0.26.

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.