Prosperity Planning Inc. Cuts Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Prosperity Planning Inc. decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,413 shares of the company’s stock after selling 362 shares during the quarter. Prosperity Planning Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,651,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ridgewood Investments LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% in the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after buying an additional 203 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $177,000. First United Bank & Trust raised its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after buying an additional 308 shares during the last quarter. Coldstream Capital Management Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $200,000. Finally, CWA Asset Management Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $204,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $101.15 on Tuesday. The business’s 50-day moving average is $100.75 and its two-hundred day moving average is $100.54. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52.

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.