WBI Investments LLC Sells 1,233 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

WBI Investments LLC lowered its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,570 shares of the company’s stock after selling 1,233 shares during the period. WBI Investments LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $648,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Strategic Wealth Investment Group LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.5% in the third quarter. Strategic Wealth Investment Group LLC now owns 190,647 shares of the company’s stock worth $18,478,000 after buying an additional 8,193 shares in the last quarter. NBC Securities Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $118,000. Pinnacle Financial Partners Inc raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 13.7% during the third quarter. Pinnacle Financial Partners Inc now owns 298,817 shares of the company’s stock valued at $28,961,000 after purchasing an additional 35,898 shares during the last quarter. Summitry LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.4% during the third quarter. Summitry LLC now owns 336,830 shares of the company’s stock valued at $32,646,000 after purchasing an additional 25,992 shares during the last quarter. Finally, Buck Wealth Strategies LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $6,880,000.

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

Shares of STIP traded down $0.06 during mid-day trading on Thursday, hitting $99.30. 112,790 shares of the company traded hands, compared to its average volume of 571,068. The stock has a 50-day moving average price of $99.23 and a two-hundred day moving average price of $98.64. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $99.52.

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.