Wilmington Savings Fund Society FSB Buys 7,637 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Wilmington Savings Fund Society FSB grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 302.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,160 shares of the exchange traded fund’s stock after acquiring an additional 7,637 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares TIPS Bond ETF were worth $1,122,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. FMR LLC increased its holdings in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares TIPS Bond ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after buying an additional 410,284 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the third quarter worth $102,200,000. Marshall Wace LLP boosted its position in iShares TIPS Bond ETF by 3.1% during the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after acquiring an additional 16,839 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares TIPS Bond ETF by 30.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after acquiring an additional 107,653 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $107.78 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The business has a fifty day moving average price of $108.44 and a 200 day moving average price of $108.30. The stock has a market capitalization of $18.70 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).