Blue Edge Capital LLC Purchases New Position in iShares TIPS Bond ETF $TIP

Blue Edge Capital LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 196,373 shares of the exchange traded fund’s stock, valued at approximately $21,489,000. iShares TIPS Bond ETF comprises approximately 2.5% of Blue Edge Capital LLC’s holdings, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. TD Capital Management LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $26,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $40,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 52.9% during the 4th quarter. Golden State Wealth Management LLC now owns 396 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 137 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.2%

TIP stock opened at $106.80 on Thursday. The firm has a market cap of $14.45 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $106.69 and a 1 year high of $112.26. The company has a fifty day simple moving average of $107.45 and a 200 day simple moving average of $109.50.

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.