iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Elm Partners Management LLC

Elm Partners Management LLC cut its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 428,603 shares of the company’s stock after selling 15,236 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 2.0% of Elm Partners Management LLC’s portfolio, making the stock its 14th largest holding. Elm Partners Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $43,885,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Chapman Financial Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. Caldwell Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $29,000. Kingdom Financial Group LLC. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $29,000. Avalon Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $41,000. Finally, Rice Partnership LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $103.67 on Friday. The firm’s fifty day moving average is $103.52 and its two-hundred day moving average is $103.06. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.98 and a one year 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.