iShares 0-5 Year TIPS Bond ETF $STIP Position Lowered by Compass Financial Management LLC

Compass Financial Management LLC lessened its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 97.1% in the third quarter, HoldingsChannel reports. The firm owned 1,774 shares of the company’s stock after selling 59,167 shares during the quarter. Compass Financial Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $177,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Atlatl Advisers LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 0.4% in the third quarter. Atlatl Advisers LLC now owns 25,334 shares of the company’s stock worth $2,526,000 after purchasing an additional 106 shares during the period. Buttonwood Financial Group LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock worth $613,000 after purchasing an additional 108 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock valued at $3,085,000 after buying an additional 122 shares during the period. Affinity Capital Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.2% during the third quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock valued at $394,000 after buying an additional 122 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.0% during the third quarter. Laurel Wealth Advisors LLC now owns 4,330 shares of the company’s stock valued at $432,000 after buying an additional 125 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $100.51 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 month high of $104.16. The company’s fifty day moving average price is $100.36 and its 200-day moving average price is $102.00.

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.