Pure Financial Advisors LLC Sells 8,342 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Pure Financial Advisors LLC cut its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 3.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,799 shares of the company’s stock after selling 8,342 shares during the period. Pure Financial Advisors LLC owned about 0.17% of iShares 0-5 Year TIPS Bond ETF worth $22,925,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. LGT Financial Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $26,000. Trust Co. of Vermont acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $32,000. Cape Investment Advisory Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Finally, Quaker Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after purchasing an additional 840 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $102.41 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.49 and a 12-month high of $103.93. The firm has a 50-day moving average price of $102.85 and a 200 day moving average price of $103.00.

About iShares 0-5 Year TIPS Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report).

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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