LPL Financial LLC Trims Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

LPL Financial LLC cut its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,803,155 shares of the company’s stock after selling 517,378 shares during the quarter. LPL Financial LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $287,015,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Blue Edge Capital LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after buying an additional 112 shares during the period. Parallel Advisors LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after buying an additional 112 shares during the period. BWM Planning LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% in the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after buying an additional 118 shares during the period. Prospera Financial Services Inc grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock worth $985,000 after buying an additional 120 shares during the period. Finally, Stratos Investment Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Stratos Investment Management LLC now owns 5,224 shares of the company’s stock worth $540,000 after buying an additional 121 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%

NYSEARCA:STIP opened at $102.29 on Tuesday. The firm’s 50-day moving average price is $103.43 and its 200-day moving average price is $103.04. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.98 and a 1-year high of $104.16.

iShares 0-5 Year TIPS Bond ETF Company 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.