Ethos Financial Group LLC Cuts Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ethos Financial Group LLC decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 36.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 81,690 shares of the company’s stock after selling 46,427 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.1% of Ethos Financial Group LLC’s investment portfolio, making the stock its 28th largest position. Ethos Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,218,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after acquiring an additional 6,480 shares in the last quarter. IHT Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after acquiring an additional 7,048 shares in the last quarter. First United Bank & Trust increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after acquiring an additional 308 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after acquiring an additional 99,455 shares in the last quarter. Finally, Coldstream Capital Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $200,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $102.41 on Thursday. The firm has a 50 day moving average of $101.36 and a 200 day moving average of $100.99. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.90.

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.