Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Cambridge Investment Research Advisors Inc. cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 252,085 shares of the exchange traded fund’s stock after selling 7,119 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.12% of iShares TIPS Bond ETF worth $27,097,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after buying an additional 3,232,628 shares during the period. Rock Creek Group LP boosted its position in 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 last quarter. Qube Research & Technologies Ltd increased its position in shares of iShares TIPS Bond ETF by 1,655.8% during 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 acquiring an additional 949,872 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares TIPS Bond ETF by 17.6% during the 3rd 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 during the last quarter. Finally, Sumitomo Life Insurance Co. acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $67,988,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock traded up $0.13 during mid-day trading on Friday, reaching $106.44. 166,382 shares of the company were exchanged, compared to its average volume of 2,135,002. The business’s 50 day simple moving average is $106.30 and its 200 day simple moving average is $106.32. The company has a market capitalization of $18.47 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.54.

iShares TIPS Bond ETF 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).