Perigon Wealth Management LLC Reduces Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Perigon Wealth Management LLC cut its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,719 shares of the company’s stock after selling 10,309 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $4,827,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company purchased a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $3,015,000. Mackenzie Financial Corp boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.8% during the second quarter. Mackenzie Financial Corp now owns 40,800 shares of the company’s stock valued at $4,059,000 after acquiring an additional 2,600 shares during the last quarter. Regal Investment Advisors LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $255,000. EP Wealth Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 18.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 13,134 shares of the company’s stock valued at $1,307,000 after purchasing an additional 2,037 shares during the last quarter. Finally, Ted Buchan & Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $753,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

iShares 0-5 Year TIPS Bond ETF stock opened at $101.39 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.36 and a 12-month high of $101.52. The firm’s 50-day moving average is $100.82 and its two-hundred day moving average is $100.62.

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.