VCI Wealth Management LLC Acquires Shares of 3,066 iShares TIPS Bond ETF (NYSEARCA:TIP)

VCI Wealth Management LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,066 shares of the exchange traded fund’s stock, valued at approximately $330,000.

Several other hedge funds also recently bought and sold shares of TIP. Envestnet Asset Management Inc. grew its position in iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after acquiring an additional 3,232,628 shares during the last quarter. Rock Creek Group LP grew its position in shares of iShares TIPS Bond ETF by 1,992.9% during the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock worth $285,890,000 after buying an additional 2,624,661 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares TIPS Bond ETF by 1,511.5% during the 3rd quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock worth $220,032,000 after buying an additional 1,989,759 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of iShares TIPS Bond ETF by 1,655.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock worth $104,471,000 after buying an additional 949,872 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares TIPS Bond ETF by 17.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock worth $578,524,000 after buying an additional 835,933 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of TIP traded down $0.15 during midday trading on Thursday, reaching $105.52. 2,417,554 shares of the stock were exchanged, compared to its average volume of 2,194,800. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $110.88. The company’s 50 day moving average is $106.55 and its two-hundred day moving average is $105.90. The company has a market capitalization of $18.53 billion, a P/E ratio of 11.92 and a beta of 0.09.

iShares TIPS Bond ETF 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).