TD Waterhouse Canada Inc. Purchases 46,597 Shares of iShares TIPS Bond ETF $TIP

TD Waterhouse Canada Inc. raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.3% during the second quarter, Holdings Channel reports. The firm owned 425,671 shares of the exchange traded fund’s stock after purchasing an additional 46,597 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares TIPS Bond ETF were worth $46,094,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TIP. Coastal Bridge Advisors LLC raised its stake in iShares TIPS Bond ETF by 0.3% during the fourth quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after buying an additional 90 shares during the last quarter. Wernau Asset Management Inc. lifted its holdings in iShares TIPS Bond ETF by 4.6% in the first quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 91 shares during the period. Foster & Motley Inc. boosted its position in iShares TIPS Bond ETF by 0.3% during the first quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock valued at $3,646,000 after acquiring an additional 92 shares during the last quarter. Rock Point Advisors LLC grew its holdings in iShares TIPS Bond ETF by 4.6% during the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after acquiring an additional 93 shares during the period. Finally, Auour Investments LLC grew its holdings in iShares TIPS Bond ETF by 2.3% during the 1st quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after acquiring an additional 93 shares during the period. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Trading Up 0.1%

TIP stock opened at $107.00 on Friday. The stock has a 50-day moving average price of $107.64 and a 200-day moving average price of $109.62. iShares TIPS Bond ETF has a 1-year low of $106.69 and a 1-year high of $112.26. The firm has a market cap of $14.48 billion, a PE ratio of 12.40 and a beta of 0.26.

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). 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.