NorthRock Partners LLC cut its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 212,088 shares of the company’s stock after selling 15,788 shares during the quarter. NorthRock Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $21,667,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $27,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Beacon Financial Strategies CORP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $38,000. Finally, Retirement Wealth Solutions LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after purchasing an additional 247 shares in the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of NYSEARCA STIP opened at $100.83 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.53 and a 52 week high of $104.16. The business has a 50-day simple moving average of $101.01 and a two-hundred day simple moving average of $102.40.
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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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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