Chesapeake Capital Corp IL Invests $901,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Chesapeake Capital Corp IL bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,378 shares of the exchange traded fund’s stock, valued at approximately $901,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. WealthPlan Investment Management LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $448,000. Principal Financial Group Inc. purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $1,242,000. Corient Private Wealth LLC boosted its holdings in iShares TIPS Bond ETF by 13.4% in the third quarter. Corient Private Wealth LLC now owns 64,038 shares of the exchange traded fund’s stock valued at $6,642,000 after purchasing an additional 7,546 shares during the last quarter. NBC Securities Inc. purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $621,000. Finally, Ieq Capital LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $460,000.

iShares TIPS Bond ETF Price Performance

TIP traded up $0.13 on Friday, reaching $106.44. The company’s stock had a trading volume of 592,939 shares, compared to its average volume of 2,139,310. The business’s 50 day moving average is $106.30 and its 200 day moving average is $106.36. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $108.54. The stock has a market cap of $18.47 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).