Chesapeake Capital Corp IL Buys Shares of 8,378 iShares TIPS Bond ETF (NYSEARCA:TIP)

Chesapeake Capital Corp IL bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,378 shares of the exchange traded fund’s stock, valued at approximately $901,000.

Several other institutional investors also recently bought and sold shares of TIP. Fortis Group Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $27,000. Trifecta Capital Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $27,000. Life Planning Partners Inc acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $30,000. Covestor Ltd acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $33,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $33,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded up $0.13 during midday trading on Friday, hitting $106.44. The company’s stock had a trading volume of 592,939 shares, compared to its average volume of 2,139,310. The stock has a market capitalization of $18.47 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50 day simple moving average is $106.30 and its 200 day simple moving average is $106.36. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.54.

About iShares TIPS Bond ETF

(Free Report)

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).

Featured Stories

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPFree Report).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.