Independence Financial Advisors LLC Lowers Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Independence Financial Advisors LLC cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,225 shares of the company’s stock after selling 1,211 shares during the period. Independence Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 356.2% in the second quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after purchasing an additional 2,533,763 shares during the period. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the second quarter. Modera Wealth Management LLC now owns 2,027,657 shares of the company’s stock worth $208,666,000 after buying an additional 70,170 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 13.9% in the second quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after buying an additional 247,269 shares during the last quarter. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 4.3% in the first quarter. LPL Financial LLC now owns 1,604,696 shares of the company’s stock valued at $166,038,000 after acquiring an additional 65,726 shares in the last quarter. Finally, 3EDGE Asset Management LP boosted its stake in iShares 0-5 Year TIPS Bond ETF by 2.1% during the 2nd quarter. 3EDGE Asset Management LP now owns 1,116,519 shares of the company’s stock valued at $114,885,000 after acquiring an additional 23,082 shares during the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $102.87 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93. The company has a fifty day moving average price of $103.29 and a two-hundred day moving average price of $102.95.

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.