Cambridge Associates LLC MA ADV Buys 64,688 Shares of iShares TIPS Bond ETF $TIP

Cambridge Associates LLC MA ADV raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 108.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,184 shares of the exchange traded fund’s stock after acquiring an additional 64,688 shares during the period. Cambridge Associates LLC MA ADV owned about 0.10% of iShares TIPS Bond ETF worth $13,649,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Woodside Wealth Management LLC raised its position in iShares TIPS Bond ETF by 167.8% in the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 151 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $26,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $28,000. Holos Integrated Wealth LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $29,000. Finally, Smartleaf Asset Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at $30,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $109.76 on Wednesday. The firm’s 50-day moving average is $110.73 and its 200-day moving average is $110.63. iShares TIPS Bond ETF has a 1 year low of $108.57 and a 1 year high of $112.26. The firm has a market capitalization of $14.52 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.