iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Pure Financial Advisors LLC

Pure Financial Advisors LLC trimmed its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 252,400 shares of the company’s stock after selling 31,228 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 0.6% of Pure Financial Advisors LLC’s holdings, making the stock its 29th biggest position. Pure Financial Advisors LLC owned about 0.31% of iShares 0-5 Year TIPS Bond ETF worth $25,391,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of STIP. AE Wealth Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 572.5% during the 2nd quarter. AE Wealth Management LLC now owns 33,779 shares of the company’s stock valued at $3,361,000 after acquiring an additional 28,756 shares during the period. Insigneo Advisory Services LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $488,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $3,015,000. Mackenzie Financial Corp raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the 2nd quarter. Mackenzie Financial Corp now owns 40,800 shares of the company’s stock worth $4,059,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Buck Wealth Strategies LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 490.9% during the 2nd quarter. Buck Wealth Strategies LLC now owns 50,934 shares of the company’s stock worth $5,067,000 after purchasing an additional 42,314 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.15 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52. The business has a 50 day moving average price of $100.75 and a 200 day moving average price of $100.54.

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.