Cambridge Associates LLC MA ADV Acquires 64,688 Shares of iShares TIPS Bond ETF $TIP

Cambridge Associates LLC MA ADV lifted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 108.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 124,184 shares of the exchange traded fund’s stock after buying an additional 64,688 shares during the quarter. Cambridge Associates LLC MA ADV’s holdings in iShares TIPS Bond ETF were worth $13,649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its position in iShares TIPS Bond ETF by 8.0% in the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after buying an additional 1,102 shares during the last quarter. AQR Capital Management LLC acquired a new position in iShares TIPS Bond ETF during the first quarter worth approximately $432,000. Goldman Sachs Group Inc. raised its stake in iShares TIPS Bond ETF by 82.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock valued at $54,099,000 after acquiring an additional 219,598 shares during the period. Brown Advisory Inc. raised its position in shares of iShares TIPS Bond ETF by 5.1% in the second quarter. Brown Advisory Inc. now owns 2,755 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 134 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in iShares TIPS Bond ETF by 5.3% in the 2nd quarter. NewEdge Advisors LLC now owns 33,907 shares of the exchange traded fund’s stock valued at $3,731,000 after acquiring an additional 1,717 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $109.76 on Wednesday. iShares TIPS Bond ETF has a 1-year low of $108.57 and a 1-year high of $112.26. The stock has a market cap of $14.52 billion, a P/E ratio of 12.40 and a beta of 0.26. The stock has a 50 day simple moving average of $110.73 and a 200 day simple moving average of $110.63.

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). 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.