Pure Financial Advisors LLC Sells 22,963 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Pure Financial Advisors LLC reduced its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 283,628 shares of the company’s stock after selling 22,963 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 0.7% of Pure Financial Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Pure Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $28,737,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Dynasty Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth about $44,227,000. New York Life Investment Management LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% in the 2nd quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock worth $26,757,000 after acquiring an additional 216,799 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% during the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after purchasing an additional 204,788 shares during the last quarter. Jane Street Group LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 760.6% during the 1st quarter. Jane Street Group LLC now owns 216,701 shares of the company’s stock worth $21,547,000 after acquiring an additional 191,521 shares during the last quarter. Finally, Brookstone Capital Management increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock valued at $18,819,000 after purchasing an additional 181,396 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $100.52 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.84 and a 52 week high of $101.52. The stock has a fifty day moving average of $100.89 and a 200-day moving average of $99.92.

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.