iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Lifted by Verger Capital Management LLC

Verger Capital Management LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 91,609 shares of the exchange traded fund’s stock after buying an additional 416 shares during the quarter. iShares TIPS Bond ETF comprises about 4.9% of Verger Capital Management LLC’s portfolio, making the stock its 8th largest holding. Verger Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $9,761,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GenTrust LLC lifted its position in shares of iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after acquiring an additional 1,804 shares during the period. International Assets Investment Management LLC grew its stake in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares during the period. JPMorgan Chase & Co. increased its position in iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 3,183 shares during the period. Finally, Citigroup Inc. lifted its stake in shares of iShares TIPS Bond ETF by 17.9% during the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after purchasing an additional 21,755 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

NYSEARCA TIP opened at $108.92 on Friday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The stock has a market cap of $18.90 billion, a P/E ratio of 11.86 and a beta of 0.09. The company’s fifty day simple moving average is $107.38 and its 200-day simple moving average is $108.41.

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).