Prosperity Planning Inc. Sells 362 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Prosperity Planning Inc. decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 16,413 shares of the company’s stock after selling 362 shares during the quarter. Prosperity Planning Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,651,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 shares in the last quarter. IHT Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after buying an additional 7,048 shares during the last quarter. Lutz Financial Services LLC increased 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 during the last quarter. Evanson Asset Management LLC raised 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 valued at $227,000 after buying an additional 185 shares in the last quarter. Finally, Ted Buchan & Co bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $753,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $101.15 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52. The business’s 50 day moving average is $100.75 and its two-hundred day moving average is $100.54.

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.