Ted Buchan & Co Purchases 6,021 Shares of iShares TIPS Bond ETF $TIP

Ted Buchan & Co increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,197 shares of the exchange traded fund’s stock after buying an additional 6,021 shares during the quarter. iShares TIPS Bond ETF accounts for 4.6% of Ted Buchan & Co’s portfolio, making the stock its 5th biggest holding. Ted Buchan & Co owned approximately 0.09% of iShares TIPS Bond ETF worth $12,442,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Woodside Wealth Management LLC grew its position in iShares TIPS Bond ETF by 167.8% during the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 151 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $26,000. Laurel Wealth Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $28,000. Holos Integrated Wealth LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $29,000. Finally, Pittenger & Anderson Inc. acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $34,000. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Down 0.2%

Shares of TIP opened at $109.77 on Thursday. The stock has a market cap of $14.52 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 12 month low of $108.07 and a 12 month high of $112.26. The company has a 50-day moving average price of $110.86 and a two-hundred day moving average price of $110.72.

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.