Ameraudi Asset Management Inc. grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 11.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 86,778 shares of the exchange traded fund’s stock after buying an additional 8,904 shares during the period. iShares TIPS Bond ETF makes up about 5.2% of Ameraudi Asset Management Inc.’s investment portfolio, making the stock its 4th largest holding. Ameraudi Asset Management Inc. owned about 0.07% of iShares TIPS Bond ETF worth $9,577,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in TIP. Bank of America Corp DE raised its holdings in iShares TIPS Bond ETF by 11.0% in the 2nd quarter. Bank of America Corp DE now owns 12,965,639 shares of the exchange traded fund’s stock worth $1,426,739,000 after acquiring an additional 1,281,679 shares during the last quarter. Valpey Financial Services LLC raised its stake in shares of iShares TIPS Bond ETF by 10,997.3% in the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock worth $266,969,000 after purchasing an additional 2,407,090 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at $187,000. Pictet Asset Management Holding SA boosted its position in shares of iShares TIPS Bond ETF by 16.8% during the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after buying an additional 214,700 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares TIPS Bond ETF by 43.0% during the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after buying an additional 417,901 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Stock Performance
Shares of NYSEARCA:TIP opened at $107.50 on Friday. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The business has a 50-day simple moving average of $109.19 and a two-hundred day simple moving average of $110.28. iShares TIPS Bond ETF has a fifty-two week low of $107.48 and a fifty-two week high of $112.26.
About iShares TIPS Bond ETF
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.
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