iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. cut its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 64.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,482 shares of the company’s stock after selling 13,813 shares during the quarter. Alterna Wealth Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $766,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after buying an additional 123 shares during the period. State Street Corp raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after buying an additional 3,063 shares during the period. Vivaldi Capital Management LP acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $285,000. Diversify Advisory Services LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after buying an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after buying an additional 121,311 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $103.45 on Monday. The stock has a 50 day simple moving average of $103.18 and a 200-day simple moving average of $102.97. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year 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.