Cwm LLC Sells 27,260 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Cwm LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 50.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,509 shares of the company’s stock after selling 27,260 shares during the period. Cwm LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,714,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after purchasing an additional 74,802 shares during the period. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the fourth quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock worth $233,374,000 after purchasing an additional 142,348 shares during the period. Ritholtz Wealth Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.1% in the fourth quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock worth $230,977,000 after purchasing an additional 109,416 shares during the period. Bank of America Corp DE increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after purchasing an additional 140,223 shares during the period. Finally, 3EDGE Asset Management LP increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.7% in the third quarter. 3EDGE Asset Management LP now owns 1,179,708 shares of the company’s stock worth $121,929,000 after purchasing an additional 63,189 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $103.84 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 week high of $103.93. The stock’s fifty day moving average is $103.33 and its 200 day moving average is $103.00.

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.