Chesapeake Capital Corp IL boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 27.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 16,902 shares of the exchange traded fund’s stock after purchasing an additional 3,688 shares during the period. iShares TIPS Bond ETF comprises 1.7% of Chesapeake Capital Corp IL’s holdings, making the stock its 4th largest position. Chesapeake Capital Corp IL’s holdings in iShares TIPS Bond ETF were worth $1,868,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in 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 valued at $388,581,000 after purchasing an additional 410,284 shares during the last quarter. Sumitomo Life Insurance Co. acquired a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $102,200,000. Marshall Wace LLP lifted its position in iShares TIPS Bond ETF by 3.1% during the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock worth $59,964,000 after acquiring an additional 16,839 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares TIPS Bond ETF by 30.2% during the second quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock worth $49,549,000 after acquiring an additional 107,653 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares TIPS Bond ETF by 5.0% during the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after acquiring an additional 21,268 shares during the last quarter.
iShares TIPS Bond ETF Stock Up 0.0 %
Shares of TIP stock opened at $107.45 on Friday. The firm has a 50 day moving average price of $109.27 and a two-hundred day moving average price of $108.01. The company has a market capitalization of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.18 and a 12-month high of $111.06.
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).
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