89,915 Shares in iShares TIPS Bond ETF $TIP Purchased by School Employees Retirement Board of Ohio

School Employees Retirement Board of Ohio acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 89,915 shares of the exchange traded fund’s stock, valued at approximately $9,923,000. iShares TIPS Bond ETF accounts for approximately 4.0% of School Employees Retirement Board of Ohio’s portfolio, making the stock its 6th biggest holding.

Other large investors also recently made changes to their positions in the company. Coastal Bridge Advisors LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.3% during the fourth quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after purchasing an additional 90 shares during the period. Wernau Asset Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 4.6% in the first quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock worth $228,000 after acquiring an additional 91 shares during the last quarter. Foster & Motley Inc. raised its holdings in shares of iShares TIPS Bond ETF by 0.3% during the first quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock worth $3,646,000 after acquiring an additional 92 shares in the last quarter. Rock Point Advisors LLC boosted its position in iShares TIPS Bond ETF by 4.6% during the fourth quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 93 shares during the last quarter. Finally, Auour Investments LLC grew its stake in iShares TIPS Bond ETF by 2.3% in the first quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock valued at $449,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $108.17 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $108.16 and a fifty-two week high of $112.26. The stock’s 50-day moving average is $110.30 and its two-hundred day moving average is $110.52. The firm has a market cap of $14.65 billion, a P/E 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.