EP Wealth Advisors LLC Cuts Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

EP Wealth Advisors LLC reduced its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,495 shares of the company’s stock after selling 588 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cornerstone Financial Group LLC NE purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth about $4,752,000. Cary Street Partners Financial LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $367,000. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $33,000. Brown Wealth Management LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the fourth quarter. Brown Wealth Management LLC now owns 16,321 shares of the company’s stock valued at $1,642,000 after acquiring an additional 910 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 2.2% during the fourth quarter. Baird Financial Group Inc. now owns 57,199 shares of the company’s stock valued at $5,754,000 after acquiring an additional 1,240 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.67 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.84 and a fifty-two week high of $103.61. The firm has a 50 day moving average price of $102.78 and a 200-day moving average price of $101.67.

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.