19,159 Shares in iShares TIPS Bond ETF $TIP Purchased by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,159 shares of the exchange traded fund’s stock, valued at approximately $2,131,000. iShares TIPS Bond ETF comprises about 1.9% of Chesapeake Capital Corp IL’s investment portfolio, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $33,000. Abound Wealth Management bought a new stake in iShares TIPS Bond ETF during the 3rd quarter worth approximately $41,000. Financial Gravity Companies Inc. bought a new stake in iShares TIPS Bond ETF during the 2nd quarter worth approximately $43,000. Johnson Financial Group Inc. acquired a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at $52,000. Finally, Vestwell Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at $56,000. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $110.71 on Friday. The company has a market cap of $13.87 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The stock has a fifty day moving average price of $110.75 and a two-hundred day moving average price of $110.93. iShares TIPS Bond ETF has a 52-week low of $106.47 and a 52-week high of $112.26.

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.