Cambridge Associates LLC MA ADV Has $28.22 Million Stock Position in iShares TIPS Bond ETF $TIP

Cambridge Associates LLC MA ADV boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 105.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 255,669 shares of the exchange traded fund’s stock after purchasing an additional 131,485 shares during the period. iShares TIPS Bond ETF accounts for approximately 0.4% of Cambridge Associates LLC MA ADV’s portfolio, making the stock its 25th largest position. Cambridge Associates LLC MA ADV’s holdings in iShares TIPS Bond ETF were worth $28,216,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Keybank National Association OH raised its position in shares of iShares TIPS Bond ETF by 3.0% during the fourth quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after buying an additional 18,437 shares during the last quarter. Calder Financial LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter valued at about $1,342,000. Mezzasalma Advisors LLC raised its holdings in iShares TIPS Bond ETF by 106.0% in the 4th quarter. Mezzasalma Advisors LLC now owns 46,410 shares of the exchange traded fund’s stock valued at $5,099,000 after acquiring an additional 23,884 shares in the last quarter. Arta Finance Wealth Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $707,000. Finally, Prime Capital Investment Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 5.8% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 256,364 shares of the exchange traded fund’s stock worth $28,177,000 after purchasing an additional 13,961 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of NYSEARCA TIP opened at $107.77 on Thursday. The firm has a market capitalization of $14.53 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a one year low of $107.76 and a one year high of $112.26. The business has a fifty day simple moving average of $109.32 and a 200 day simple moving average of $110.31.

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.