iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC reduced its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 462,653 shares of the company’s stock after selling 4,841 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for approximately 4.9% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Tortoise Investment Management LLC owned approximately 0.57% of iShares 0-5 Year TIPS Bond ETF worth $46,543,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. 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 worth $51,920,000 after purchasing an additional 6,480 shares in the last quarter. IHT Wealth Management LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after purchasing an additional 7,048 shares in the last quarter. First United Bank & Trust boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 60.9% during the 4th quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock worth $1,654,000 after purchasing an additional 6,225 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $102.41 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $102.90. The company’s 50-day moving average is $101.48 and its 200-day moving average is $101.04.

iShares 0-5 Year TIPS Bond ETF 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.