Maripau Wealth Management LLC Sells 6,217 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Maripau Wealth Management LLC decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 74.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,085 shares of the company’s stock after selling 6,217 shares during the period. Maripau Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 2.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,319,880 shares of the company’s stock valued at $343,143,000 after buying an additional 74,802 shares during the period. Ritholtz Wealth Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.0% in the third quarter. Ritholtz Wealth Management now owns 2,146,439 shares of the company’s stock valued at $221,856,000 after acquiring an additional 121,719 shares during the period. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.4% in the third quarter. Modera Wealth Management LLC now owns 2,136,920 shares of the company’s stock valued at $220,872,000 after acquiring an additional 109,263 shares during the period. Bank of America Corp DE raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% during the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock valued at $181,423,000 after acquiring an additional 140,223 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake 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 acquiring an additional 392,850 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

iShares 0-5 Year TIPS Bond ETF stock opened at $103.46 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year high of $103.93. The firm has a 50-day moving average of $102.89 and a 200-day moving average of $103.00.

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.