Courier Capital LLC Has $9.89 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Courier Capital LLC lowered its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,272 shares of the company’s stock after selling 270 shares during the period. Courier Capital LLC owned about 0.12% of iShares 0-5 Year TIPS Bond ETF worth $9,886,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in STIP. Friedenthal Financial lifted its stake in iShares 0-5 Year TIPS Bond ETF by 2.4% in the fourth quarter. Friedenthal Financial now owns 39,730 shares of the company’s stock valued at $3,997,000 after buying an additional 939 shares in the last quarter. Kwmg LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.3% during the fourth quarter. Kwmg LLC now owns 156,766 shares of the company’s stock worth $15,771,000 after acquiring an additional 409 shares during the period. Parkside Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.7% in the 4th quarter. Parkside Advisors LLC now owns 194,852 shares of the company’s stock valued at $19,602,000 after acquiring an additional 6,968 shares in the last quarter. City State Bank boosted its stake in iShares 0-5 Year TIPS Bond ETF by 2.1% in the 4th quarter. City State Bank now owns 58,973 shares of the company’s stock worth $5,933,000 after purchasing an additional 1,200 shares during the period. Finally, Matrix Trust Co increased its holdings in iShares 0-5 Year TIPS Bond ETF by 156.9% during the 4th quarter. Matrix Trust Co now owns 2,626 shares of the company’s stock worth $264,000 after purchasing an additional 1,604 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP traded up $0.09 during midday trading on Monday, hitting $100.72. The stock had a trading volume of 630,196 shares, compared to its average volume of 436,614. The company has a 50 day simple moving average of $100.71 and a two-hundred day simple moving average of $100.47. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.36 and a twelve 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.