Pure Financial Advisors LLC Decreases Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Pure Financial Advisors LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.0% in the fourth quarter, Holdings Channel reports. The firm owned 252,400 shares of the company’s stock after selling 31,228 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 0.6% of Pure Financial Advisors LLC’s portfolio, making the stock its 29th biggest position. Pure Financial Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $25,391,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Modera Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after purchasing an additional 101,437 shares during the period. Ritholtz Wealth Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock worth $158,158,000 after buying an additional 59,199 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after buying an additional 201,769 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 8.2% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock worth $90,428,000 after buying an additional 68,332 shares in the last quarter. Finally, Wealthcare Capital Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.2% in the 4th quarter. Wealthcare Capital Management LLC now owns 773,056 shares of the company’s stock worth $77,769,000 after buying an additional 44,924 shares in the last quarter.

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

Shares of STIP stock opened at $101.15 on Tuesday. The company’s fifty day moving average price is $100.75 and its two-hundred day moving average price is $100.54. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month 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.