Rockefeller Capital Management L.P. Has $30.50 Million Position in iShares TIPS Bond ETF $TIP

Rockefeller Capital Management L.P. lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 277,486 shares of the exchange traded fund’s stock after buying an additional 27,942 shares during the period. Rockefeller Capital Management L.P. owned about 0.22% of iShares TIPS Bond ETF worth $30,499,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TIP. Bank of America Corp DE lifted its position in shares of iShares TIPS Bond ETF by 32.3% in the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares during the period. Valpey Financial Services LLC increased its position in shares of iShares TIPS Bond ETF by 10,997.3% during the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after purchasing an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $187,000. Sumitomo Life Insurance Co. increased its position in shares of iShares TIPS Bond ETF by 44.3% during the third quarter. Sumitomo Life Insurance Co. now owns 1,471,634 shares of the exchange traded fund’s stock valued at $163,675,000 after purchasing an additional 451,450 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares TIPS Bond ETF by 43.0% in the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after purchasing an additional 417,901 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $109.39 on Monday. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a one year low of $108.93 and a one year high of $112.26. The business has a fifty day simple moving average of $110.63 and a 200 day simple moving average of $110.59.

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). 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.