Parallel Advisors LLC Has $5.80 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Parallel Advisors LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,395 shares of the exchange traded fund’s stock after selling 3,088 shares during the period. Parallel Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $5,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. FMR LLC raised its stake in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. grew its holdings in iShares TIPS Bond ETF by 58.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares during the period. Assetmark Inc. grew its holdings in iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after purchasing an additional 1,378,094 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in iShares TIPS Bond ETF by 7.0% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 893,256 shares of the exchange traded fund’s stock worth $105,032,000 after purchasing an additional 58,066 shares during the period.

iShares TIPS Bond ETF Trading Up 0.0 %

NYSEARCA:TIP opened at $109.45 on Tuesday. The stock has a market capitalization of $14.25 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. The firm has a fifty day simple moving average of $108.37 and a two-hundred day simple moving average of $108.52. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06.

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).