Western Wealth Management LLC Reduces Position in iShares 0-5 Year TIPS Bond ETF $STIP

Western Wealth Management LLC lowered its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 67.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,480 shares of the company’s stock after selling 7,156 shares during the period. Western Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $360,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of STIP. Robinswood Financial LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at $675,000. Stillwater Private Wealth LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $2,810,000. NewEdge Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 60.7% during the 1st quarter. NewEdge Advisors LLC now owns 285,672 shares of the company’s stock valued at $29,547,000 after buying an additional 107,903 shares in the last quarter. Blue Edge Capital LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 48.9% during the 1st quarter. Blue Edge Capital LLC now owns 19,183 shares of the company’s stock valued at $1,984,000 after buying an additional 6,300 shares in the last quarter. Finally, Essential Partners LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 6.6% during the 1st quarter. Essential Partners LLC now owns 3,811 shares of the company’s stock valued at $394,000 after buying an additional 237 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.74 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.53 and a 1-year high of $104.16. The firm’s 50 day simple moving average is $101.46 and its 200 day simple moving average is $102.65.

iShares 0-5 Year TIPS Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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