Evexia Wealth LLC Sells 5,533 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Evexia Wealth LLC lessened its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 22.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,498 shares of the company’s stock after selling 5,533 shares during the period. Evexia Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,922,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of STIP. Gilliland Jeter Wealth Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $1,803,000. SVB Wealth LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 49.4% in the fourth quarter. SVB Wealth LLC now owns 20,238 shares of the company’s stock valued at $1,995,000 after purchasing an additional 6,690 shares during the last quarter. Kwmg LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 2.3% during the fourth quarter. Kwmg LLC now owns 134,534 shares of the company’s stock valued at $13,264,000 after purchasing an additional 3,053 shares during the period. Flputnam Investment Management Co. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 5.9% during the fourth quarter. Flputnam Investment Management Co. now owns 366,663 shares of the company’s stock valued at $36,149,000 after purchasing an additional 20,396 shares during the period. Finally, Redhawk Wealth Advisors Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 114.3% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 4,831 shares of the company’s stock worth $476,000 after buying an additional 2,577 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock traded down $0.06 during trading on Tuesday, reaching $99.01. 475,335 shares of the company’s stock traded hands, compared to its average volume of 524,977. The firm’s 50-day moving average is $99.20 and its 200 day moving average is $98.49. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $99.52.

About iShares 0-5 Year TIPS Bond ETF

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.