Union Bancaire Privee UBP SA Buys New Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Union Bancaire Privee UBP SA purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, Holdings Channel.com reports. The firm purchased 2,675 shares of the exchange traded fund’s stock, valued at approximately $285,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC grew its position in shares of iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after buying an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF during the third quarter worth about $102,200,000. International Assets Investment Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter. SG Americas Securities LLC increased its position in shares of iShares TIPS Bond ETF by 25,645.3% during the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after purchasing an additional 272,866 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at about $24,990,000.

iShares TIPS Bond ETF Stock Up 0.1 %

NYSEARCA:TIP opened at $107.95 on Wednesday. The company has a market capitalization of $18.73 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The stock’s 50 day moving average price is $107.38 and its 200 day moving average price is $108.33.

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).