Western Wealth Management LLC Sells 7,156 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Western Wealth Management LLC trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 67.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,480 shares of the company’s stock after selling 7,156 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $360,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in STIP. EverSource Wealth Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after acquiring an additional 123 shares during the last quarter. State Street Corp grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the second quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after purchasing an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $285,000. Diversify Advisory Services LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 14.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock valued at $669,000 after purchasing an additional 830 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after purchasing an additional 121,311 shares during the period.

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

STIP opened at $100.62 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.56 and a one year high of $104.16. The business has a 50 day simple moving average of $101.82 and a two-hundred day simple moving average of $102.75.

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.