Ellis Investment Partners LLC Sells 3,007 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ellis Investment Partners LLC cut its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 41.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,335 shares of the company’s stock after selling 3,007 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $436,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pflug Koory LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after acquiring an additional 401 shares during the period. Ridgewood Investments LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after purchasing an additional 203 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $177,000. First United Bank & Trust grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares in the last quarter. Finally, Coldstream Capital Management Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $200,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.78 on Monday. The business has a 50-day moving average price of $100.99 and a 200-day moving average price of $100.81. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.49 and a twelve month high of $101.85.

iShares 0-5 Year TIPS Bond ETF Company 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.