Merit Financial Group LLC Reduces Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Merit Financial Group LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 91.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,061 shares of the company’s stock after selling 64,266 shares during the quarter. Merit Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $621,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Meridian Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 2.2% in the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $476,000 after buying an additional 101 shares during the last quarter. Blue Edge Capital LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 2.4% in the third quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after buying an additional 112 shares during the last quarter. Parallel Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after buying an additional 112 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 1.1% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 10,210 shares of the company’s stock valued at $1,055,000 after buying an additional 115 shares during the last quarter. Finally, BWM Planning LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 2.0% in the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after buying an additional 118 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $104.05 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.08. The company’s 50-day simple moving average is $103.35 and its 200-day simple moving average is $103.00.

iShares 0-5 Year TIPS Bond ETF Company 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.