James Investment Research Inc. Reduces Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

James Investment Research Inc. trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,600 shares of the company’s stock after selling 494 shares during the quarter. James Investment Research Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,695,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $30,000. Ridgewood Investments LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $34,000. Palisade Asset Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $35,000. Finally, Gleason Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $46,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

Shares of STIP opened at $100.52 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.84 and a fifty-two week high of $101.52. The firm’s 50 day moving average price is $100.89 and its 200 day moving average price is $99.91.

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.