Envestnet Portfolio Solutions Inc. Sells 242,324 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Envestnet Portfolio Solutions Inc. decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 92.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,605 shares of the company’s stock after selling 242,324 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,110,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of STIP. Bank of America Corp DE increased its position in iShares 0-5 Year TIPS Bond ETF by 71.1% during the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after acquiring an additional 671,145 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares 0-5 Year TIPS Bond ETF by 155.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after acquiring an additional 305,961 shares during the last quarter. Farther Finance Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after acquiring an additional 293,986 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.8% in the second quarter. Ameriprise Financial Inc. now owns 789,010 shares of the company’s stock worth $81,254,000 after purchasing an additional 203,509 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 131.3% in the second quarter. MML Investors Services LLC now owns 272,321 shares of the company’s stock worth $28,025,000 after purchasing an additional 154,608 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $103.28 on Friday. The company’s 50-day moving average price is $103.52 and its 200-day moving average price is $103.04. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

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.