Cyndeo Wealth Partners LLC Sells 647 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Cyndeo Wealth Partners LLC reduced its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,734 shares of the company’s stock after selling 647 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $577,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after buying an additional 101,437 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.9% during the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock valued at $158,158,000 after purchasing an additional 59,199 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 8.2% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock valued at $90,428,000 after purchasing an additional 68,332 shares during the last quarter. Finally, Wealthcare Capital Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.2% during the 4th quarter. Wealthcare Capital Management LLC now owns 773,056 shares of the company’s stock valued at $77,769,000 after purchasing an additional 44,924 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $101.20 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52. The stock has a fifty day moving average of $100.79 and a 200-day moving average of $100.59.

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.