Apella Capital LLC Raises Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Apella Capital LLC lifted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,322 shares of the exchange traded fund’s stock after purchasing an additional 414 shares during the quarter. Apella Capital LLC’s holdings in iShares TIPS Bond ETF were worth $810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in shares of iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after buying an additional 410,284 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp purchased a new position in iShares TIPS Bond ETF in the first quarter worth about $201,931,000. Marshall Wace LLP increased its stake in iShares TIPS Bond ETF by 3.1% during 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 last quarter. Bank of New York Mellon Corp raised its position in iShares TIPS Bond ETF by 30.2% during the second quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after purchasing an additional 107,653 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares TIPS Bond ETF by 1.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 455,508 shares of the exchange traded fund’s stock valued at $48,926,000 after purchasing an additional 5,959 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.7 %

Shares of NYSEARCA TIP traded down $0.75 during trading hours on Friday, hitting $109.39. 1,920,678 shares of the company traded hands, compared to its average volume of 1,924,858. The company’s 50 day moving average price is $109.37 and its 200 day moving average price is $107.54. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $111.06. The stock has a market capitalization of $18.98 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).