Corient Private Wealth LLC Reduces Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Corient Private Wealth LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,428 shares of the company’s stock after selling 18,057 shares during the quarter. Corient Private Wealth LLC owned about 0.12% of iShares 0-5 Year TIPS Bond ETF worth $14,760,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LGT Financial Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $26,000. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $26,000. Cape Investment Advisory Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after buying an additional 353 shares during the period. 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 valued at $41,000 after buying an additional 389 shares during the last quarter. Finally, Quaker Wealth Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after buying an additional 840 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.68 on Friday. The company’s 50 day simple moving average is $103.00 and its 200-day simple moving average is $102.99. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93.

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.