Rosenberg Matthew Hamilton Cuts Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Rosenberg Matthew Hamilton lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 21.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 984 shares of the company’s stock after selling 274 shares during the period. Rosenberg Matthew Hamilton’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $100,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in STIP. Dynasty Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth $44,227,000. New York Life Investment Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% in the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock worth $26,757,000 after purchasing an additional 216,799 shares in the last quarter. Cetera Investment Advisers raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock valued at $37,263,000 after purchasing an additional 204,788 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 760.6% during the 1st quarter. Jane Street Group LLC now owns 216,701 shares of the company’s stock valued at $21,547,000 after buying an additional 191,521 shares in the last quarter. Finally, Brookstone Capital Management boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after buying an additional 181,396 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $100.73 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.74 and a 1 year high of $101.52. The company’s fifty day simple moving average is $100.88 and its two-hundred day simple moving average is $99.91.

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.