iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Elm Partners Management LLC

Elm Partners Management LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,603 shares of the company’s stock after selling 15,236 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 2.0% of Elm Partners Management LLC’s portfolio, making the stock its 14th largest holding. Elm Partners Management LLC owned about 0.34% of iShares 0-5 Year TIPS Bond ETF worth $43,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of STIP. EverSource Wealth Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 39.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after acquiring an additional 123 shares in the last quarter. State Street Corp raised its stake in iShares 0-5 Year TIPS Bond ETF by 0.5% during the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after acquiring an additional 3,063 shares in the last quarter. Vivaldi Capital Management LP acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $285,000. Diversify Advisory Services LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 14.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after acquiring an additional 830 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after acquiring an additional 121,311 shares in the last quarter.

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

Shares of NYSEARCA:STIP opened at $103.67 on Friday. The company’s fifty day moving average price is $103.52 and its 200 day moving average price is $103.06. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16.

iShares 0-5 Year TIPS Bond ETF 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.