Arbor Investment Advisors LLC lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,594 shares of the company’s stock after selling 233 shares during the quarter. Arbor Investment Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $871,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Larson Financial Group LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 5,300.0% during the second 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 period. IAG Wealth Partners LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $30,000. Ridgewood Investments LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $34,000. Palisade Asset Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the first quarter worth about $35,000. Finally, Gleason Group Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $46,000.
iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %
Shares of NYSEARCA:STIP traded down $0.15 during trading on Monday, reaching $100.58. 110,565 shares of the stock were exchanged, compared to its average volume of 454,400. The firm’s 50-day moving average price is $100.84 and its 200 day moving average price is $99.88. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.74 and a 12-month high of $101.52.
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.
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