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

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

A number of other hedge funds have also recently made changes to their positions in the company. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF during the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL grew its holdings in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares during the period. Sound Income Strategies LLC raised its position in shares of iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $96,000.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $107.43 on Monday. The firm has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50-day moving average is $107.38 and its 200 day moving average is $108.31. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06.

iShares TIPS Bond ETF 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).