iShares 0-5 Year TIPS Bond ETF $STIP Stake Cut by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC cut its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,560 shares of the company’s stock after selling 6,572 shares during the quarter. Orion Porfolio Solutions LLC owned approximately 0.09% of iShares 0-5 Year TIPS Bond ETF worth $12,151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STIP. Envestnet Asset Management Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after acquiring an additional 74,802 shares in the last quarter. Ritholtz Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.0% during the third quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock worth $221,856,000 after purchasing an additional 121,719 shares during the period. Modera Wealth Management LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 5.4% during the third quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock valued at $220,872,000 after purchasing an additional 109,263 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares 0-5 Year TIPS Bond ETF by 71.1% during the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of 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 purchasing an additional 392,850 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

NYSEARCA:STIP opened at $103.26 on Friday. The firm’s fifty day simple moving average is $102.75 and its 200 day simple moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 year high of $103.93.

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.