EP Wealth Advisors LLC Reduces Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

EP Wealth Advisors LLC decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.8% during the 4th quarter, Holdings Channel reports. The firm owned 9,495 shares of the company’s stock after selling 588 shares during the period. EP Wealth Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $955,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 60.9% in the fourth quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock valued at $1,654,000 after acquiring an additional 6,225 shares during the period. First United Bank & Trust grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 3.2% during the 4th quarter. JPMorgan Chase & Co. now owns 528,778 shares of the company’s stock valued at $53,195,000 after purchasing an additional 16,338 shares during the period. Independent Advisor Alliance bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $471,000. Finally, M. Kulyk & Associates LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 2.1% in the 4th quarter. M. Kulyk & Associates LLC now owns 520,673 shares of the company’s stock worth $52,380,000 after buying an additional 10,936 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

Shares of STIP stock 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 business’s 50 day moving average price is $102.78 and its 200-day moving average price is $101.67.

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.