Kestra Private Wealth Services LLC Cuts Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Kestra Private Wealth Services LLC trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 89,497 shares of the company’s stock after selling 7,875 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,824,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Hudson Portfolio Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.6% in the 3rd quarter. Hudson Portfolio Management LLC now owns 22,165 shares of the company’s stock worth $2,148,000 after purchasing an additional 125 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 18.2% in the fourth quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock valued at $83,000 after purchasing an additional 130 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.3% in the third quarter. Kingsview Wealth Management LLC now owns 2,800 shares of the company’s stock valued at $271,000 after purchasing an additional 142 shares in the last quarter. Cape Investment Advisory Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.2% in the third quarter. Cape Investment Advisory Inc. now owns 12,284 shares of the company’s stock valued at $1,191,000 after purchasing an additional 145 shares in the last quarter. Finally, North Star Investment Management Corp. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% in the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after purchasing an additional 153 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

NYSEARCA STIP traded down $0.07 on Tuesday, hitting $99.31. 142,250 shares of the stock were exchanged, compared to its average volume of 530,072. The stock has a fifty day moving average price of $99.15 and a two-hundred day moving average price of $98.40. 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.