Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 225,867 shares of the company’s stock after selling 12,436 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.18% of iShares 0-5 Year TIPS Bond ETF worth $23,149,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of STIP. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after purchasing an additional 74,802 shares during the last quarter. Ritholtz Wealth Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 6.0% during the 3rd quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock worth $221,856,000 after buying an additional 121,719 shares during the last quarter. Modera Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 5.4% in the third quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock worth $220,872,000 after buying an additional 109,263 shares during the period. Bank of America Corp DE increased its position in iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after buying an additional 140,223 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 34.1% in the second quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock valued at $158,841,000 after buying an additional 392,850 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Price Performance
iShares 0-5 Year TIPS Bond ETF stock opened at $103.03 on Wednesday. The firm has a 50-day moving average price of $103.00 and a two-hundred day moving average price of $102.99. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.67 and a 52-week high of $103.93.
iShares 0-5 Year TIPS Bond ETF Company Profile
The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.
Further Reading
Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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