Portland Global Advisors LLC Sells 7,651 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Portland Global Advisors LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 174,789 shares of the company’s stock after selling 7,651 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 2.1% of Portland Global Advisors LLC’s holdings, making the stock its 12th biggest holding. Portland Global Advisors LLC owned 0.14% of iShares 0-5 Year TIPS Bond ETF worth $17,988,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 356.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock worth $333,946,000 after buying an additional 2,533,763 shares in the last quarter. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.6% during the second quarter. Modera Wealth Management LLC now owns 2,027,657 shares of the company’s stock worth $208,666,000 after buying an additional 70,170 shares during the period. Ritholtz Wealth Management increased its holdings in iShares 0-5 Year TIPS Bond ETF by 13.9% in the second quarter. Ritholtz Wealth Management now owns 2,024,720 shares of the company’s stock worth $208,364,000 after purchasing an additional 247,269 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.1% during the second quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock valued at $158,841,000 after purchasing an additional 392,850 shares during the period. Finally, 3EDGE Asset Management LP increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% during the second quarter. 3EDGE Asset Management LP now owns 1,116,519 shares of the company’s stock valued at $114,885,000 after acquiring an additional 23,082 shares in the last quarter.

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

Shares of NYSEARCA STIP opened at $102.74 on Friday. The firm’s 50-day simple moving average is $103.13 and its 200 day simple moving average is $102.98. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93.

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.