9,582 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Acquired by CWC Advisors LLC.

CWC Advisors LLC. purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,582 shares of the exchange traded fund’s stock, valued at approximately $1,059,000.

A number of other hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its holdings in shares of iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after purchasing an additional 410,284 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new stake in iShares TIPS Bond ETF during the 1st quarter valued at $201,931,000. Sumitomo Life Insurance Co. bought a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at $102,200,000. Marshall Wace LLP raised its holdings in iShares TIPS Bond ETF by 3.1% during the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after acquiring an additional 16,839 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in iShares TIPS Bond ETF by 30.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after acquiring an additional 107,653 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $108.27 on Friday. The company’s fifty day simple moving average is $109.62 and its two-hundred day simple moving average is $107.76. iShares TIPS Bond ETF has a 1 year low of $102.46 and a 1 year high of $111.06. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).