BCJ Capital Management LLC lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 65.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,169 shares of the exchange traded fund’s stock after selling 8,060 shares during the quarter. BCJ Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $486,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of TIP. Matson Money. Inc. bought a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth $134,997,000. CBIZ Investment Advisory Services LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $78,496,000. Polaris Greystone Financial Group LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $44,672,000. Pictet Asset Management Ltd. raised its holdings in shares of iShares TIPS Bond ETF by 161.1% during the fourth quarter. Pictet Asset Management Ltd. now owns 500,065 shares of the exchange traded fund’s stock valued at $58,293,000 after purchasing an additional 308,565 shares during the period. Finally, Personal Capital Advisors Corp raised its holdings in shares of iShares TIPS Bond ETF by 9.5% in the 4th quarter. Personal Capital Advisors Corp now owns 2,753,722 shares of the exchange traded fund’s stock worth $321,001,000 after acquiring an additional 239,540 shares during the last quarter.
TIP opened at $119.25 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $107.37 and a fifty-two week high of $123.16. The company’s 50-day moving average is $117.92 and its 200 day moving average is $116.92.
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).
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