3EDGE Asset Management LP Sells 64,006 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

3EDGE Asset Management LP trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,115,702 shares of the company’s stock after selling 64,006 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 5.9% of 3EDGE Asset Management LP’s holdings, making the stock its 5th largest position. 3EDGE Asset Management LP’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $114,244,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.3% during the third quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock worth $343,143,000 after purchasing an additional 74,802 shares in the last quarter. Modera Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock valued at $233,374,000 after buying an additional 142,348 shares during the period. Ritholtz Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.1% in the 4th quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock valued at $230,977,000 after buying an additional 109,416 shares during the period. Bank of America Corp DE grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after acquiring an additional 140,223 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock worth $117,595,000 after acquiring an additional 86,535 shares in the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $103.39 on Wednesday. The stock’s fifty day simple moving average is $103.53 and its 200-day simple moving average is $103.03. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.98 and a twelve month high of $104.16.

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.