7,255 Shares of iShares TIPS Bond ETF $TIP Acquired by Chapin Davis Inc.

Chapin Davis Inc. bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,255 shares of the exchange traded fund’s stock, valued at approximately $755,000.

Several other large investors also recently modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares TIPS Bond ETF by 18.1% during the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after purchasing an additional 3,729,751 shares during the period. Capitolis Liquid Global Markets LLC lifted its holdings in iShares TIPS Bond ETF by 846.0% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 473,000 shares of the exchange traded fund’s stock worth $51,987,000 after buying an additional 423,000 shares during the period. Kwmg LLC bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $34,858,000. CI Investments Inc. grew its position in shares of iShares TIPS Bond ETF by 28.7% in the 1st quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock worth $128,772,000 after buying an additional 260,055 shares during the last quarter. Finally, Pictet Asset Management Holding SA increased its stake in shares of iShares TIPS Bond ETF by 16.8% during the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after buying an additional 214,700 shares during the period. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Up 0.3%

Shares of iShares TIPS Bond ETF stock opened at $104.52 on Friday. The company has a market cap of $14.21 billion, a PE ratio of 12.40 and a beta of 0.27. The business has a 50 day moving average of $106.16 and a 200 day moving average of $108.56. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.24.

iShares TIPS Bond ETF Company 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.