Lyell Wealth Management LP Sells 1,314 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Lyell Wealth Management LP decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,054 shares of the exchange traded fund’s stock after selling 1,314 shares during the period. Lyell Wealth Management LP’s holdings in iShares TIPS Bond ETF were worth $2,670,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TIP. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in iShares TIPS Bond ETF in the third quarter worth about $335,000. Calton & Associates Inc. lifted its stake in iShares TIPS Bond ETF by 5.8% in the third quarter. Calton & Associates Inc. now owns 13,795 shares of the exchange traded fund’s stock worth $1,524,000 after purchasing an additional 754 shares during the last quarter. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter worth about $37,000. International Assets Investment Management LLC lifted its stake in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter. Finally, JMG Financial Group Ltd. lifted its stake in iShares TIPS Bond ETF by 17.1% in the third quarter. JMG Financial Group Ltd. now owns 3,822 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 559 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $108.26 on Wednesday. The company has a market cap of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The firm has a 50-day simple moving average of $107.37 and a two-hundred day simple moving average of $108.42.

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).