Verger Capital Management LLC Buys 11,388 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Verger Capital Management LLC increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 21.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,744 shares of the exchange traded fund’s stock after purchasing an additional 11,388 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 3.9% of Verger Capital Management LLC’s investment portfolio, making the stock its 9th largest position. Verger Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $6,959,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares TIPS Bond ETF by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock worth $578,524,000 after acquiring an additional 835,933 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 179.2% in the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after acquiring an additional 3,232,628 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after buying an additional 148,842 shares during the period. Rock Creek Group LP increased its stake in shares of iShares TIPS Bond ETF by 1,992.9% in the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares during the period. Finally, LPL Financial LLC increased its stake in shares of iShares TIPS Bond ETF by 37.7% in the third quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock valued at $223,520,000 after buying an additional 589,881 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock traded down $0.34 on Tuesday, hitting $105.44. The stock had a trading volume of 4,094,593 shares, compared to its average volume of 2,217,089. The stock has a 50 day moving average of $106.64 and a 200 day moving average of $105.78. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.88. The firm has a market capitalization of $18.51 billion, a P/E ratio of 11.92 and a beta of 0.09.

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).