Money Design Co. Ltd. Boosts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Money Design Co. Ltd. boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 381,307 shares of the exchange traded fund’s stock after buying an additional 13,587 shares during the quarter. iShares TIPS Bond ETF makes up about 2.1% of Money Design Co. Ltd.’s holdings, making the stock its 14th largest position. Money Design Co. Ltd. owned about 0.22% of iShares TIPS Bond ETF worth $40,678,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can raised its stake in iShares TIPS Bond ETF by 5.2% in the 2nd quarter. Bank of Montreal Can now owns 77,832 shares of the exchange traded fund’s stock valued at $8,346,000 after acquiring an additional 3,838 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of iShares TIPS Bond ETF by 1,236.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock valued at $3,168,000 after purchasing an additional 27,447 shares during the period. Ascent Group LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter valued at approximately $927,000. NewEdge Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 41.4% in the 2nd quarter. NewEdge Advisors LLC now owns 57,987 shares of the exchange traded fund’s stock worth $6,192,000 after buying an additional 16,970 shares during the period. Finally, William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the 2nd quarter worth approximately $26,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $107.95 on Wednesday. The stock has a market capitalization of $18.73 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company’s fifty day simple moving average is $107.38 and its two-hundred day simple moving average is $108.33. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).