iShares TIPS Bond ETF $TIP Shares Acquired by Keybank National Association OH

Keybank National Association OH grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 635,191 shares of the exchange traded fund’s stock after purchasing an additional 18,437 shares during the period. Keybank National Association OH owned approximately 0.50% of iShares TIPS Bond ETF worth $69,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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 shares of iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares during the period. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $187,000. BNP Paribas Financial Markets grew its holdings in shares of iShares TIPS Bond ETF by 615.5% in the third quarter. BNP Paribas Financial Markets now owns 649,189 shares of the exchange traded fund’s stock valued at $72,203,000 after purchasing an additional 558,456 shares during the period. Sumitomo Life Insurance Co. increased its position in iShares TIPS Bond ETF by 44.3% during the third quarter. Sumitomo Life Insurance Co. now owns 1,471,634 shares of the exchange traded fund’s stock worth $163,675,000 after purchasing an additional 451,450 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in 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 worth $152,991,000 after purchasing an additional 417,901 shares during the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $111.73 on Wednesday. The company has a market capitalization of $14.69 billion, a PE ratio of 12.40 and a beta of 0.28. The firm’s 50-day moving average is $111.07 and its two-hundred day moving average is $110.84. iShares TIPS Bond ETF has a 12 month low of $107.98 and a 12 month high of $112.26.

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). 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.