AlTi Global Inc. Sells 12,492 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

AlTi Global Inc. reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 505,346 shares of the company’s stock after selling 12,492 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.1% of AlTi Global Inc.’s holdings, making the stock its 18th largest position. AlTi Global Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $52,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Modera Wealth Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% during the 1st quarter. Modera Wealth Management LLC now owns 2,442,854 shares of the company’s stock worth $252,664,000 after acquiring an additional 163,586 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the 1st quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after buying an additional 153,948 shares during the period. Bank of America Corp DE grew its stake in iShares 0-5 Year TIPS Bond ETF by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after buying an additional 140,223 shares during the last quarter. Wealthcare Advisory Partners LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 8.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock valued at $117,595,000 after buying an additional 86,535 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after buying an additional 43,725 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $101.44 on Monday. The company’s 50-day moving average price is $102.37 and its two-hundred day moving average price is $102.86. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.11 and a twelve month high of $104.16.

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.