Corient Private Wealth LLC Cuts Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Corient Private Wealth LLC cut its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 169,602 shares of the company’s stock after selling 475 shares during the quarter. Corient Private Wealth LLC owned approximately 0.21% of iShares 0-5 Year TIPS Bond ETF worth $16,840,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in STIP. Knuff & Co LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $26,000. Pflug Koory LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares during the period. Bradley & Co. Private Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $52,000. Atala Financial Inc bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $70,000. Finally, Providence First Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $75,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2 %

Shares of STIP stock opened at $102.73 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.53 and a 52 week high of $102.90. The firm’s 50-day simple moving average is $101.79 and its two-hundred day simple moving average is $101.16.

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.