Tcfg Wealth Management LLC Sells 978 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Tcfg Wealth Management LLC cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 24.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,093 shares of the company’s stock after selling 978 shares during the quarter. Tcfg Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of 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 purchasing an additional 201,769 shares during the period. Victory Capital Management Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock worth $37,490,000 after buying an additional 134,440 shares during the period. Modera Wealth Management LLC increased 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 worth $183,551,000 after buying an additional 101,437 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after acquiring an additional 99,455 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of 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 in the last quarter.

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

NYSEARCA:STIP opened at $101.78 on Friday. The stock has a 50-day moving average price of $100.99 and a 200 day moving average price of $100.80. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.49 and a 12-month high of $101.85.

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.