iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 9.5% during the second quarter, Holdings Channel reports. The firm owned 20,457 shares of the company’s stock after selling 2,145 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,105,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. DecisionMap Wealth Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.5% during the second quarter. DecisionMap Wealth Management LLC now owns 13,148 shares of the company’s stock worth $1,353,000 after purchasing an additional 193 shares during the period. LGT Financial Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $26,000. Clune & Associates LTD. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9.4% during the second quarter. Clune & Associates LTD. now owns 6,170 shares of the company’s stock worth $635,000 after purchasing an additional 529 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 33.8% during the second quarter. Avidian Wealth Enterprises LLC now owns 4,446 shares of the company’s stock worth $458,000 after purchasing an additional 1,124 shares during the period. Finally, Stephens Inc. AR grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 29.4% during the second quarter. Stephens Inc. AR now owns 9,583 shares of the company’s stock worth $986,000 after acquiring an additional 2,177 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $103.53 on Wednesday. The company has a 50-day simple moving average of $103.41 and a 200-day simple moving average of $102.91. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year 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.