Ethos Financial Group LLC Sells 46,427 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ethos Financial Group LLC reduced its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 36.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 accounts for 1.1% of Ethos Financial Group LLC’s portfolio, making the stock its 28th largest position. Ethos Financial Group LLC owned approximately 0.10% of iShares 0-5 Year TIPS Bond ETF worth $8,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of STIP. Pflug Koory LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Bradley & Co. Private Wealth Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $52,000. Providence First Trust Co bought a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $75,000. Ridgewood Investments LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the period. Finally, Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $177,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.41 on Thursday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.53 and a fifty-two week high of $102.90. The firm’s 50-day simple moving average is $101.36 and its two-hundred day simple moving average is $100.99.

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.