iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Position Reduced by 49 Wealth Management LLC

49 Wealth Management LLC reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 40.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,537 shares of the company’s stock after selling 7,898 shares during the quarter. 49 Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,169,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. LPL Financial LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares in the last quarter. Equita Financial Network Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 10.8% in the third quarter. Equita Financial Network Inc. now owns 53,570 shares of the company’s stock worth $5,428,000 after buying an additional 5,216 shares during the last quarter. BIP Wealth LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 18.0% during the third quarter. BIP Wealth LLC now owns 103,874 shares of the company’s stock valued at $10,526,000 after acquiring an additional 15,822 shares in the last quarter. Amara Financial LLC. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $931,000. Finally, Fortis Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 0.6% in the third quarter. Fortis Advisors LLC now owns 24,866 shares of the company’s stock worth $2,519,000 after acquiring an additional 160 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $100.77 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $97.28 and a 12 month high of $101.52. The company’s fifty day moving average is $100.94 and its 200-day moving average is $100.07.

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.