Guardian Partners Inc. Acquires New Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Guardian Partners Inc. acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 72,153 shares of the exchange traded fund’s stock, valued at approximately $7,692,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. raised its position in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares during the period. Sumitomo Life Insurance Co. raised its position in iShares TIPS Bond ETF by 58.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after acquiring an additional 536,610 shares during the period. Assetmark Inc. raised its position in iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after acquiring an additional 1,378,094 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in iShares TIPS Bond ETF by 7.0% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 893,256 shares of the exchange traded fund’s stock worth $105,032,000 after acquiring an additional 58,066 shares during the period.

iShares TIPS Bond ETF Trading Down 0.1 %

TIP opened at $110.10 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a market capitalization of $14.34 billion, a PE ratio of 12.32 and a beta of 0.28. The firm’s 50 day simple moving average is $108.66 and its two-hundred day simple moving average is $108.56.

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).