Dogwood Wealth Management LLC Decreases Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Dogwood Wealth Management LLC trimmed its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,926 shares of the company’s stock after selling 4,465 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 1.9% of Dogwood Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. Dogwood Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,989,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $103.36 on Wednesday. The firm has a 50 day moving average of $103.29 and a 200 day moving average of $102.87. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93.

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.