iShares 0-5 Year TIPS Bond ETF $STIP Stake Trimmed by Global Retirement Partners LLC

Global Retirement Partners LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 29.3% during the fourth quarter, HoldingsChannel reports. The firm owned 13,467 shares of the company’s stock after selling 5,576 shares during the period. Global Retirement Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,379,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Meridian Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 2.2% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock worth $476,000 after purchasing an additional 101 shares in the last quarter. Blue Edge Capital LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after purchasing an additional 112 shares in the last quarter. Parallel Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after purchasing an additional 112 shares in the last quarter. BWM Planning LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 2.0% in the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after purchasing an additional 118 shares in the last quarter. Finally, Prospera Financial Services Inc increased its stake in iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock worth $985,000 after purchasing an additional 120 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $103.28 on Monday. The business’s 50-day moving average price is $103.52 and its 200 day moving average price is $103.04. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.98 and a 1-year high of $104.16.

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.