Banque Cantonale Vaudoise Buys 160 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Banque Cantonale Vaudoise increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,010 shares of the exchange traded fund’s stock after acquiring an additional 160 shares during the quarter. Banque Cantonale Vaudoise’s holdings in iShares TIPS Bond ETF were worth $108,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TIP. Qube Research & Technologies Ltd grew its stake in shares of iShares TIPS Bond ETF by 1,655.8% during the third quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock valued at $104,471,000 after purchasing an additional 949,872 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares TIPS Bond ETF by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after acquiring an additional 835,933 shares during the last quarter. Evoke Wealth LLC boosted its stake in iShares TIPS Bond ETF by 181.8% in the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock valued at $133,947,000 after acquiring an additional 803,988 shares during the last quarter. Sumitomo Life Insurance Co. bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at approximately $67,988,000. Finally, 3EDGE Asset Management LP bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at approximately $63,005,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $107.11 on Tuesday. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54. The stock has a market cap of $18.58 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50 day moving average price is $106.27 and its two-hundred day moving average price is $106.65.

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).