Orion Portfolio Solutions LLC Sells 87,663 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Orion Portfolio Solutions LLC lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 47.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 95,671 shares of the company’s stock after selling 87,663 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $9,624,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Edgestream Partners L.P. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth about $1,051,000. HighTower Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 14.0% in the third quarter. HighTower Advisors LLC now owns 240,797 shares of the company’s stock worth $24,392,000 after buying an additional 29,579 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% in the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after buying an additional 99,455 shares in the last quarter. IHT Wealth Management LLC grew its holdings 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 buying an additional 7,048 shares during the last quarter. Finally, Passive Capital Management LLC. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 64.7% during the third quarter. Passive Capital Management LLC. now owns 31,447 shares of the company’s stock valued at $3,186,000 after acquiring an additional 12,350 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.3 %

STIP stock opened at $103.38 on Friday. The stock’s 50 day simple moving average is $102.08 and its 200 day simple moving average is $101.28. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.53 and a 12-month high of $103.42.

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.