Pure Financial Advisors LLC Sells 8,499 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Pure Financial Advisors LLC lowered its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 213,300 shares of the company’s stock after selling 8,499 shares during the quarter. Pure Financial Advisors LLC owned 0.17% of iShares 0-5 Year TIPS Bond ETF worth $21,840,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $27,000. Caldwell Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Kingdom Financial Group LLC. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $29,000. Finally, Avalon Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $102.06 on Friday. The business has a fifty day moving average price of $103.24 and a two-hundred day moving average price of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.84 and a 1 year high of $104.16.

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.