Corepath Wealth Partners LLC Cuts Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Corepath Wealth Partners LLC cut its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,818 shares of the company’s stock after selling 915 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 1.2% of Corepath Wealth Partners LLC’s holdings, making the stock its 14th biggest position. Corepath Wealth Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,191,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Perfromance Wealth Partners LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 1.3% in the fourth quarter. Perfromance Wealth Partners LLC now owns 54,081 shares of the company’s stock worth $5,441,000 after acquiring an additional 702 shares during the period. Chesley Taft & Associates LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 77.0% in the fourth quarter. Chesley Taft & Associates LLC now owns 20,632 shares of the company’s stock worth $2,076,000 after acquiring an additional 8,975 shares during the period. First United Bank & Trust raised its position in iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after acquiring an additional 308 shares during the period. Sugar Maple Asset Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $6,037,000. Finally, Prairiewood Capital LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 17.1% in the fourth quarter. Prairiewood Capital LLC now owns 5,026 shares of the company’s stock worth $506,000 after acquiring an additional 735 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $101.09 on Wednesday. The company’s 50 day moving average is $100.76 and its 200-day moving average is $100.56. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.36 and a 12-month high of $101.52.

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.