iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) is Echo45 Advisors LLC’s 4th Largest Position

Echo45 Advisors LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,310 shares of the company’s stock after selling 15,355 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 7.3% of Echo45 Advisors LLC’s holdings, making the stock its 4th largest position. Echo45 Advisors LLC owned about 0.08% of iShares 0-5 Year TIPS Bond ETF worth $9,495,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in STIP. Fortune 45 LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 32.5% during the 1st quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock valued at $2,410,000 after acquiring an additional 5,634 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 9,831.0% during the 1st quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock valued at $6,253,000 after acquiring an additional 58,986 shares during the last quarter. US Bancorp DE boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 14,981.5% during the 1st quarter. US Bancorp DE now owns 4,072 shares of the company’s stock valued at $427,000 after acquiring an additional 4,045 shares during the last quarter. Citigroup Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 31.2% during the 1st quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock valued at $2,137,000 after acquiring an additional 4,840 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 704.0% during the 1st quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock valued at $2,047,000 after acquiring an additional 16,895 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %

STIP traded up $0.04 during trading on Thursday, reaching $99.22. The company had a trading volume of 339,669 shares, compared to its average volume of 541,792. The business has a 50 day simple moving average of $99.05 and a 200-day simple moving average of $98.25. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.27 and a 52 week high of $99.52.

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.