Summitry LLC lessened its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 375,137 shares of the company’s stock after selling 3,569 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.8% of Summitry LLC’s holdings, making the stock its 21st largest position. Summitry LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $37,739,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STIP. Modera Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% during the fourth quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock valued at $190,564,000 after buying an additional 82,678 shares during the last quarter. Ritholtz Wealth Management raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock valued at $158,158,000 after acquiring an additional 59,199 shares in the last quarter. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock valued at $154,820,000 after acquiring an additional 75,531 shares in the last quarter. 3EDGE Asset Management LP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% during the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after purchasing an additional 770,017 shares in the last quarter. Finally, Brooklyn FI LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 6,349.4% during the fourth quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after purchasing an additional 1,196,170 shares during the period.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %
Shares of STIP stock opened at $102.91 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $102.97. The stock has a fifty day moving average price of $101.96 and a 200 day moving average price of $101.24.
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.
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