NewEdge Wealth LLC Trims Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

NewEdge Wealth LLC cut its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 19.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,500 shares of the company’s stock after selling 840 shares during the period. NewEdge Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $339,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of STIP. Fortune 45 LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 32.5% in the first quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock valued at $2,410,000 after buying an additional 5,634 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9,831.0% in the first quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock valued at $6,253,000 after buying an additional 58,986 shares during the last quarter. US Bancorp DE raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14,981.5% in the first quarter. US Bancorp DE now owns 4,072 shares of the company’s stock valued at $427,000 after buying an additional 4,045 shares during the last quarter. Citigroup Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 31.2% during the first quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock worth $2,137,000 after purchasing an additional 4,840 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in iShares 0-5 Year TIPS Bond ETF by 704.0% in the first quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock valued at $2,047,000 after purchasing an additional 16,895 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $98.61 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.27 and a 52 week high of $99.66. The company has a 50-day moving average price of $98.46 and a 200 day moving average price of $97.60.

iShares 0-5 Year TIPS Bond ETF Company 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.

Featured Articles

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

Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.