Steward Partners Investment Advisory LLC Sells 9,693 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Steward Partners Investment Advisory LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 28.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,281 shares of the company’s stock after selling 9,693 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,443,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. 3EDGE Asset Management LP grew its stake in iShares 0-5 Year TIPS Bond ETF by 156.7% during the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after buying an additional 770,017 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $44,239,000. Flputnam Investment Management Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 55.4% during the 4th quarter. Flputnam Investment Management Co. now owns 705,873 shares of the company’s stock worth $71,011,000 after acquiring an additional 251,606 shares in the last quarter. LPL Financial LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after acquiring an additional 201,769 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $17,578,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $102.41 on Friday. The business has a fifty day moving average price of $101.44 and a two-hundred day moving average price of $101.01. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.53 and a fifty-two week high of $102.90.

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.