The Manufacturers Life Insurance Company Buys 27,447 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

The Manufacturers Life Insurance Company lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1,236.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,666 shares of the exchange traded fund’s stock after purchasing an additional 27,447 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares TIPS Bond ETF were worth $3,168,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TIP. Visionary Wealth Advisors raised its stake in iShares TIPS Bond ETF by 7.8% during the fourth quarter. Visionary Wealth Advisors now owns 20,285 shares of the exchange traded fund’s stock valued at $2,180,000 after purchasing an additional 1,472 shares in the last quarter. Icon Wealth Advisors LLC bought a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $1,005,000. BOKF NA grew its position in iShares TIPS Bond ETF by 0.5% in the fourth quarter. BOKF NA now owns 83,820 shares of the exchange traded fund’s stock worth $9,010,000 after acquiring an additional 447 shares in the last quarter. Kingfisher Capital LLC increased its stake in iShares TIPS Bond ETF by 4.3% during the fourth quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock worth $859,000 after acquiring an additional 327 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. increased its position in shares of iShares TIPS Bond ETF by 30.9% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 1,297 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 306 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP opened at $109.45 on Wednesday. The company’s fifty day simple moving average is $109.41 and its 200-day simple moving average is $107.57. The company has a market cap of $18.99 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $102.32 and a twelve month high of $111.06.

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).