95,200 Shares in iShares TIPS Bond ETF $TIP Acquired by Vertex Investment Solutions Co. Ltd.

Vertex Investment Solutions Co. Ltd. purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 95,200 shares of the exchange traded fund’s stock, valued at approximately $10,486,000. iShares TIPS Bond ETF accounts for about 10.4% of Vertex Investment Solutions Co. Ltd.’s investment portfolio, making the stock its 4th biggest position. Vertex Investment Solutions Co. Ltd. owned approximately 0.08% of iShares TIPS Bond ETF at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Gould Asset Management LLC CA raised its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock worth $919,000 after purchasing an additional 90 shares during the period. Rock Point Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF by 4.6% in the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 93 shares during the period. Aspiriant LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.2% in the 4th quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 95 shares during the period. Apollon Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 96 shares during the period. Finally, Farrell Financial LLC raised its holdings in shares of iShares TIPS Bond ETF by 1.4% in the 4th quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 98 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $110.61 on Friday. The company’s fifty day simple moving average is $111.01 and its two-hundred day simple moving average is $110.79. iShares TIPS Bond ETF has a 1 year low of $107.98 and a 1 year high of $112.26. The stock has a market capitalization of $14.63 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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). 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.