Apella Capital LLC Lowers Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Apella Capital LLC lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,887 shares of the exchange traded fund’s stock after selling 1,435 shares during the period. Apella Capital LLC’s holdings in iShares TIPS Bond ETF were worth $627,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of TIP. FMR LLC lifted its holdings in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. bought a new stake in iShares TIPS Bond ETF during the third quarter valued at about $102,200,000. Marshall Wace LLP boosted its stake in shares of iShares TIPS Bond ETF by 3.1% in the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock worth $59,964,000 after acquiring an additional 16,839 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of iShares TIPS Bond ETF by 5.0% during the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after purchasing an additional 21,268 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $107.00 on Thursday. The company has a market cap of $18.56 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm’s fifty day moving average is $107.48 and its two-hundred day moving average is $108.29. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week 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).