iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Cypress Capital LLC

Cypress Capital LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 176,521 shares of the exchange traded fund’s stock after selling 3,455 shares during the quarter. iShares TIPS Bond ETF makes up about 5.4% of Cypress Capital LLC’s investment portfolio, making the stock its 5th largest holding. Cypress Capital LLC owned 0.10% of iShares TIPS Bond ETF worth $18,808,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. GenTrust LLC lifted its stake in shares of iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock worth $21,670,000 after buying an additional 1,804 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after buying an additional 3,183 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in shares of iShares TIPS Bond ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after buying an additional 21,755 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $108.92 on Friday. The firm has a 50-day moving average of $107.38 and a 200-day moving average of $108.41. The stock has a market cap of $18.90 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06.

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).