Cim LLC Increases Position in iShares TIPS Bond ETF $TIP

Cim LLC increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,585 shares of the exchange traded fund’s stock after buying an additional 8,029 shares during the quarter. iShares TIPS Bond ETF comprises approximately 2.6% of Cim LLC’s investment portfolio, making the stock its 16th biggest holding. Cim LLC owned 0.12% of iShares TIPS Bond ETF worth $17,506,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 0.9% during the first quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock valued at $1,284,000 after buying an additional 98 shares during the last quarter. Tidal Investments LLC grew its holdings in shares of iShares TIPS Bond ETF by 0.7% during the fourth quarter. Tidal Investments LLC now owns 17,017 shares of the exchange traded fund’s stock valued at $1,813,000 after buying an additional 112 shares during the last quarter. Evexia Wealth LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.9% during the first quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 113 shares during the last quarter. Country Club Bank grew its holdings in shares of iShares TIPS Bond ETF by 4.2% during the first quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock valued at $326,000 after buying an additional 118 shares during the last quarter. Finally, CWC Advisors LLC. grew its holdings in shares of iShares TIPS Bond ETF by 1.4% during the first quarter. CWC Advisors LLC. now owns 8,962 shares of the exchange traded fund’s stock valued at $996,000 after buying an additional 123 shares during the last quarter. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $111.82 on Friday. The firm has a market capitalization of $13.93 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $111.96. The company’s fifty day moving average price is $110.27 and its 200-day moving average price is $109.64.

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).