Apexium Financial LP Has $716,000 Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Apexium Financial LP cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,717 shares of the exchange traded fund’s stock after selling 3,354 shares during the period. Apexium Financial LP’s holdings in iShares TIPS Bond ETF were worth $716,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at $26,000. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $37,000. Strategic Investment Solutions Inc. IL lifted its position in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC boosted its stake in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 298 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth approximately $96,000.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $107.43 on Monday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The business has a 50 day moving average price of $107.38 and a 200-day moving average price of $108.31. The company has a market cap of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09.

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).