iShares 0-5 Year TIPS Bond ETF $STIP Stock Sold by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC decreased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 96.5% during the third quarter, Holdings Channel reports. The firm owned 323 shares of the company’s stock after selling 8,871 shares during the quarter. Midwest Capital Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.4% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 3,206 shares of the company’s stock worth $320,000 after buying an additional 193 shares during the last quarter. SoundView Advisors Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 2.5% during the third quarter. SoundView Advisors Inc. now owns 214,908 shares of the company’s stock valued at $21,426,000 after acquiring an additional 5,207 shares during the last quarter. Brighton Jones LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $305,000. Sellwood Investment Partners LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 10.4% in the third quarter. Sellwood Investment Partners LLC now owns 29,003 shares of the company’s stock valued at $2,892,000 after acquiring an additional 2,732 shares during the period. Finally, StoneX Group Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $1,559,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.33 on Tuesday. The stock’s 50-day simple moving average is $100.36 and its two-hundred day simple moving average is $101.99. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $99.56 and a 52-week high of $104.16.

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.