Keating Investment Counselors Inc. Has $56.82 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Keating Investment Counselors Inc. trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 549,716 shares of the company’s stock after selling 10,482 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 16.2% of Keating Investment Counselors Inc.’s holdings, making the stock its 2nd biggest position. Keating Investment Counselors Inc. owned about 0.43% of iShares 0-5 Year TIPS Bond ETF worth $56,819,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. LGT Financial Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $26,000. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. Trust Co. of Vermont bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $32,000. Quaker Wealth Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after buying an additional 840 shares during the period. Finally, Semmax Financial Advisors Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth $43,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $102.56 on Wednesday. The business’s 50-day simple moving average is $102.67 and its two-hundred day simple moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.73 and a 52 week high of $103.93.

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.