Spire Wealth Management Lowers Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Spire Wealth Management trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,775 shares of the company’s stock after selling 871 shares during the quarter. Spire Wealth Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $682,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 shares in the last quarter. IHT Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after purchasing an additional 7,048 shares in the last quarter. First United Bank & Trust raised its position in iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares in the last quarter. Lutz Financial Services LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 29.2% in the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock valued at $5,480,000 after purchasing an additional 12,210 shares in the last quarter. Finally, Evanson Asset Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 9.0% in the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock valued at $227,000 after purchasing an additional 185 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %

STIP stock opened at $101.65 on Wednesday. The business’s 50-day moving average is $100.88 and its two-hundred day moving average is $100.69. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.81.

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.