Simplex Trading LLC Purchases 19,148 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

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Simplex Trading LLC grew its position in iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 12,353.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,303 shares of the exchange traded fund’s stock after purchasing an additional 19,148 shares during the quarter. Simplex Trading LLC’s holdings in iShares TIPS Bond ETF were worth $2,404,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of iShares TIPS Bond ETF by 30.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 14,088,404 shares of the exchange traded fund’s stock valued at $1,820,222,000 after purchasing an additional 3,303,824 shares during the period. JPMorgan Chase & Co. raised its stake in iShares TIPS Bond ETF by 40.5% during the 4th quarter. JPMorgan Chase & Co. now owns 9,302,098 shares of the exchange traded fund’s stock valued at $1,201,830,000 after purchasing an additional 2,683,615 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in iShares TIPS Bond ETF in the 4th quarter valued at $598,196,000. LPL Financial LLC grew its position in iShares TIPS Bond ETF by 31.0% in the 4th quarter. LPL Financial LLC now owns 4,598,385 shares of the exchange traded fund’s stock worth $594,111,000 after purchasing an additional 1,087,593 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in iShares TIPS Bond ETF by 10.5% in the 4th quarter. Wells Fargo & Company MN now owns 3,496,646 shares of the exchange traded fund’s stock worth $451,767,000 after purchasing an additional 332,568 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $115.71 on Tuesday. The company’s fifty day moving average is $115.98 and its two-hundred day moving average is $121.09. iShares TIPS Bond ETF has a 52-week low of $113.01 and a 52-week high of $131.37.

About iShares TIPS Bond ETF

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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).

Further Reading

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