LPL Financial LLC Reduces Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

LPL Financial LLC reduced its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,803,155 shares of the company’s stock after selling 517,378 shares during the period. LPL Financial LLC owned 2.21% of iShares 0-5 Year TIPS Bond ETF worth $287,015,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. BIP Wealth LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 4.9% during the 4th quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock valued at $15,011,000 after purchasing an additional 6,861 shares during the period. Brooklyn FI LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after purchasing an additional 7,529 shares during the period. Farther Finance Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after purchasing an additional 293,986 shares during the period. Maseco LLP increased its position in iShares 0-5 Year TIPS Bond ETF by 6.7% during the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock valued at $75,100,000 after purchasing an additional 46,249 shares during the period. Finally, Ethos Capital Management Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $11,128,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.29 on Tuesday. The company’s fifty day simple moving average is $103.43 and its two-hundred day simple moving average 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.

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.