Mine & Arao Wealth Creation & Management LLC. Cuts Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Mine & Arao Wealth Creation & Management LLC. trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,262 shares of the company’s stock after selling 746 shares during the period. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Modera Wealth Management LLC grew its stake in 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 purchasing an additional 101,437 shares during the period. Ritholtz Wealth Management grew its position in iShares 0-5 Year TIPS Bond ETF by 3.9% during the fourth quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock valued at $158,158,000 after buying an additional 59,199 shares during the period. LPL Financial LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after acquiring an additional 201,769 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 8.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock valued at $90,428,000 after acquiring an additional 68,332 shares during the last quarter. Finally, Wealthcare Capital Management LLC increased its stake in shares of 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 worth $77,769,000 after purchasing an additional 44,924 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

iShares 0-5 Year TIPS Bond ETF stock opened at $101.41 on Friday. The business’s 50 day simple moving average is $100.84 and its 200 day simple moving average is $100.63. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.52.

About iShares 0-5 Year TIPS Bond ETF

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.