TD Waterhouse Canada Inc. Has $34.80 Million Stake in iShares TIPS Bond ETF $TIP

TD Waterhouse Canada Inc. boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 316,647 shares of the exchange traded fund’s stock after purchasing an additional 27,876 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares TIPS Bond ETF were worth $34,803,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares TIPS Bond ETF in the third quarter valued at $834,000. Park Avenue Securities LLC increased its holdings in iShares TIPS Bond ETF by 339.0% in the fourth quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock valued at $3,042,000 after purchasing an additional 21,372 shares during the period. Bank of America Corp DE increased its holdings in iShares TIPS Bond ETF by 32.3% in the third quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock valued at $1,908,042,000 after purchasing an additional 4,189,926 shares during the period. Envision Financial LLC grew its holdings in iShares TIPS Bond ETF by 200.0% during the 4th quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock worth $989,000 after acquiring an additional 6,000 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in iShares TIPS Bond ETF by 510.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 18,990 shares of the exchange traded fund’s stock worth $2,112,000 after acquiring an additional 15,877 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $111.48 on Monday. The business has a 50-day moving average price of $111.01 and a two-hundred day moving average price of $110.82. iShares TIPS Bond ETF has a 1-year low of $107.98 and a 1-year high of $112.26. The company has a market cap of $14.41 billion, a P/E ratio of 12.40 and a beta of 0.28.

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.