Echo45 Advisors LLC Has $3.96 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Echo45 Advisors LLC lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 64.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,353 shares of the company’s stock after selling 70,379 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 2.6% of Echo45 Advisors LLC’s holdings, making the stock its 13th largest holding. Echo45 Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,959,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of STIP. JPMorgan Chase & Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after acquiring an additional 6,480 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after purchasing an additional 7,048 shares in the last quarter. First United Bank & Trust grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th 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 during the period. Lutz Financial Services LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 29.2% in the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock worth $5,480,000 after buying an additional 12,210 shares in the last quarter. Finally, Evanson Asset Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.0% during the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock worth $227,000 after buying an additional 185 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:STIP opened at $101.04 on Thursday. The business’s fifty day moving average price is $100.77 and its two-hundred day moving average price is $100.56. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52.

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.