iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,455 shares of the exchange traded fund’s stock after selling 278 shares during the period. Capital Investment Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $479,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares TIPS Bond ETF by 179.2% during the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after acquiring an additional 3,232,628 shares in the last quarter. Rock Creek Group LP grew its stake in 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 worth $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter. Assetmark Inc. grew its stake in iShares TIPS Bond ETF by 1,511.5% in the third quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock worth $220,032,000 after purchasing an additional 1,989,759 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in iShares TIPS Bond ETF by 1,655.8% in the third quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock worth $104,471,000 after purchasing an additional 949,872 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in 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 purchasing an additional 835,933 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $105.89 on Wednesday. The company has a market capitalization of $18.59 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $110.88. The stock has a 50-day simple moving average of $106.56 and a 200 day simple moving average of $105.91.

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).