Atria Wealth Solutions Inc. Sells 20,730 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Atria Wealth Solutions Inc. trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 38.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 33,666 shares of the company’s stock after selling 20,730 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,460,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Wealth Enhancement Advisory Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 6.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 226,878 shares of the company’s stock valued at $23,475,000 after acquiring an additional 12,766 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.6% during the first quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock valued at $643,000 after acquiring an additional 331 shares during the period. Sowell Financial Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 11.9% during the first quarter. Sowell Financial Services LLC now owns 12,096 shares of the company’s stock valued at $1,252,000 after acquiring an additional 1,286 shares during the period. Sagespring Wealth Partners LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the first quarter valued at about $1,169,000. Finally, Breakwater Investment Management increased its stake in iShares 0-5 Year TIPS Bond ETF by 0.9% during the first quarter. Breakwater Investment Management now owns 12,003 shares of the company’s stock valued at $1,242,000 after acquiring an additional 110 shares during the period.

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

STIP stock opened at $103.43 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93. The business’s 50 day moving average is $103.37 and its 200-day moving average is $102.89.

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.