49 Wealth Management LLC cut its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 40.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,537 shares of the company’s stock after selling 7,898 shares during the quarter. 49 Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,169,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after purchasing an additional 265 shares during the last quarter. IAG Wealth Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at $30,000. Ridgewood Investments LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at $34,000. Gleason Group Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $46,000. Finally, Deane Retirement Strategies Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $54,000.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.1 %
Shares of NYSEARCA:STIP opened at $100.77 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $97.28 and a fifty-two week high of $101.52. The company’s 50-day moving average price is $100.94 and its 200 day moving average price is $100.07.
iShares 0-5 Year TIPS Bond ETF Company 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.
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