Merit Financial Group LLC Sells 672 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Merit Financial Group LLC cut its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,294 shares of the company’s stock after selling 672 shares during the quarter. Merit Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,184,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Norden Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $218,149,000. Financial Gravity Asset Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2,326.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock worth $180,182,000 after buying an additional 1,607,982 shares during the last quarter. Ritholtz Wealth Management grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 11.0% in the 4th quarter. Ritholtz Wealth Management now owns 1,259,063 shares of the company’s stock worth $124,131,000 after buying an additional 124,715 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock worth $114,230,000 after buying an additional 95,493 shares during the last quarter. Finally, Keating Investment Counselors Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% in the 3rd quarter. Keating Investment Counselors Inc. now owns 690,057 shares of the company’s stock worth $66,880,000 after buying an additional 25,130 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock traded up $0.17 during trading hours on Friday, reaching $99.08. The company’s stock had a trading volume of 370,521 shares, compared to its average volume of 528,875. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.27 and a one year high of $99.52. The firm’s fifty day simple moving average is $99.18 and its 200 day simple moving average is $98.44.

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.