TD Waterhouse Canada Inc. Buys 25,731 Shares of iShares TIPS Bond ETF $TIP

TD Waterhouse Canada Inc. increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.9% during the second quarter, HoldingsChannel.com reports. The fund owned 262,330 shares of the exchange traded fund’s stock after purchasing an additional 25,731 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares TIPS Bond ETF were worth $28,722,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TIP. Arbor Investment Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF by 2.0% in the second quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock worth $34,600,000 after buying an additional 6,157 shares during the last quarter. Ethos Financial Group LLC lifted its position in iShares TIPS Bond ETF by 21.3% during the 2nd quarter. Ethos Financial Group LLC now owns 176,445 shares of the exchange traded fund’s stock worth $19,416,000 after acquiring an additional 30,925 shares during the last quarter. Avalon Trust Co boosted its holdings in iShares TIPS Bond ETF by 526.9% during the second quarter. Avalon Trust Co now owns 1,724 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 1,449 shares during the period. Fiera Capital Corp grew its position in shares of iShares TIPS Bond ETF by 3.8% in the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 165 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in shares of iShares TIPS Bond ETF by 48.0% in the second quarter. Chicago Partners Investment Group LLC now owns 26,128 shares of the exchange traded fund’s stock worth $2,865,000 after purchasing an additional 8,474 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $110.85 on Wednesday. The stock has a 50-day simple moving average of $111.38 and a 200 day simple moving average of $110.22. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The stock has a market capitalization of $14.08 billion, a PE ratio of 12.40 and a beta of 0.26.

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).