iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Lincoln National Corp

Lincoln National Corp trimmed its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,645 shares of the exchange traded fund’s stock after selling 1,066 shares during the quarter. Lincoln National Corp’s holdings in iShares TIPS Bond ETF were worth $2,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew 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 valued at $522,361,000 after purchasing an additional 3,232,628 shares during the period. Rock Creek Group LP grew its stake in shares of iShares TIPS Bond ETF by 1,992.9% in the 3rd 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. Assetmark Inc. increased its holdings in shares of iShares TIPS Bond ETF by 1,511.5% during the 3rd quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock worth $220,032,000 after buying an additional 1,989,759 shares during the last quarter. Qube Research & Technologies Ltd raised its position in shares of iShares TIPS Bond ETF by 1,655.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock valued at $104,471,000 after buying an additional 949,872 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings 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 valued at $578,524,000 after acquiring an additional 835,933 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

TIP stock traded down $0.02 during midday trading on Tuesday, hitting $105.96. 2,088,687 shares of the company’s stock were exchanged, compared to its average volume of 2,185,500. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.99. The stock has a market capitalization of $18.38 billion, a PE ratio of 11.86 and a beta of 0.09. The business has a 50-day simple moving average of $106.47 and a two-hundred day simple moving average of $106.07.

About iShares TIPS Bond ETF

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).