Commerce Bank Has $4.42 Million Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Commerce Bank decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 41,460 shares of the exchange traded fund’s stock after selling 2,851 shares during the quarter. Commerce Bank’s holdings in iShares TIPS Bond ETF were worth $4,418,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Assetmark Inc. increased its holdings in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after buying an additional 1,378,094 shares during the period. FMR LLC increased its stake in iShares TIPS Bond ETF by 10.6% in the fourth quarter. FMR LLC now owns 7,729,985 shares of the exchange traded fund’s stock valued at $823,630,000 after acquiring an additional 739,540 shares during the period. Wealthfront Advisers LLC acquired a new position in iShares TIPS Bond ETF in the fourth quarter worth about $76,533,000. Sumitomo Life Insurance Co. lifted its stake in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares during the period. Finally, FIL Ltd boosted its holdings in iShares TIPS Bond ETF by 121.0% during the fourth quarter. FIL Ltd now owns 946,857 shares of the exchange traded fund’s stock valued at $100,888,000 after purchasing an additional 518,387 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP opened at $109.03 on Monday. The stock has a market cap of $13.92 billion, a PE ratio of 12.22 and a beta of 0.29. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.51. The stock has a 50 day simple moving average of $109.46 and a 200-day simple moving average of $108.44.

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).