iShares TIPS Bond ETF $TIP Stock Acquired by Viewpoint Investment Partners Corp

Viewpoint Investment Partners Corp increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 597,700 shares of the exchange traded fund’s stock after purchasing an additional 126,040 shares during the period. iShares TIPS Bond ETF accounts for approximately 17.9% of Viewpoint Investment Partners Corp’s portfolio, making the stock its largest position. Viewpoint Investment Partners Corp owned 0.44% of iShares TIPS Bond ETF worth $56,551,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in iShares TIPS Bond ETF by 18.1% in the first quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after buying an additional 3,729,751 shares in the last quarter. Mather Group LLC. purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter worth about $240,163,000. Envestnet Asset Management Inc. boosted its position in shares of iShares TIPS Bond ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock worth $222,108,000 after acquiring an additional 68,483 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of iShares TIPS Bond ETF by 16.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock worth $164,565,000 after acquiring an additional 214,700 shares in the last quarter. Finally, CI Investments Inc. lifted its stake in iShares TIPS Bond ETF by 28.7% during the first quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock worth $128,772,000 after purchasing an additional 260,055 shares during the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.1%

Shares of TIP opened at $106.31 on Tuesday. The stock has a 50 day moving average price of $105.77 and a 200 day moving average price of $108.94. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 52-week low of $103.75 and a 52-week high of $112.04.

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.