BridgePort Financial Solutions LLC Sells 1,062 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

BridgePort Financial Solutions LLC lessened its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,520 shares of the company’s stock after selling 1,062 shares during the period. BridgePort Financial Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,906,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Modera Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 3.3% in the 1st quarter. Modera Wealth Management LLC now owns 1,957,487 shares of the company’s stock worth $202,541,000 after purchasing an additional 63,214 shares during the last quarter. Ritholtz Wealth Management raised its position in iShares 0-5 Year TIPS Bond ETF by 13.1% in the 1st quarter. Ritholtz Wealth Management now owns 1,777,451 shares of the company’s stock worth $183,913,000 after purchasing an additional 205,304 shares during the last quarter. LPL Financial LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 4.3% in the 1st quarter. LPL Financial LLC now owns 1,604,696 shares of the company’s stock worth $166,038,000 after purchasing an additional 65,726 shares during the last quarter. Partners Capital Investment Group LLP raised its position in iShares 0-5 Year TIPS Bond ETF by 51.9% in the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after purchasing an additional 340,117 shares during the last quarter. Finally, Dynasty Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 115.2% in the 1st quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock worth $97,901,000 after purchasing an additional 506,435 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.15 on Friday. The company has a 50 day moving average price of $103.31 and a 200 day moving average price of $102.88. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93.

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.