TD Waterhouse Canada Inc. Has $46.09 Million Stake in iShares TIPS Bond ETF $TIP

TD Waterhouse Canada Inc. raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 425,671 shares of the exchange traded fund’s stock after purchasing an additional 46,597 shares during the quarter. TD Waterhouse Canada Inc. owned 0.31% of iShares TIPS Bond ETF worth $46,094,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. TD Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at approximately $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at approximately $40,000. Finally, Strategic Wealth Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at $44,000. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $107.00 on Friday. iShares TIPS Bond ETF has a 52 week low of $106.69 and a 52 week high of $112.26. The firm has a market cap of $14.48 billion, a PE ratio of 12.40 and a beta of 0.26. The firm’s fifty day moving average is $107.64 and its 200-day moving average is $109.62.

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.