iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Pure Financial Advisors LLC

Pure Financial Advisors LLC lowered its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 242,653 shares of the company’s stock after selling 9,747 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $25,107,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in STIP. Transce3nd LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $25,000. Knuff & Co LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $33,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $52,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $58,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $102.67 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.95 and a 52 week high of $103.61. The firm has a 50 day simple moving average of $102.55 and a 200 day simple moving average of $102.02.

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.