Focus Partners Wealth Sells 1,718 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Focus Partners Wealth decreased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,792 shares of the company’s stock after selling 1,718 shares during the period. Focus Partners Wealth’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,979,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. HHM Wealth Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth about $28,000. Cape Investment Advisory Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 34.0% in the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the last quarter. Finally, Rossby Financial LCC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth about $48,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $103.49 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93. The firm has a 50-day simple moving average of $103.14 and a two-hundred day simple moving average of $102.80.

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.