Silver Oak Securities Incorporated Decreases Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Silver Oak Securities Incorporated trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 85.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,290 shares of the company’s stock after selling 151,207 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,643,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Pflug Koory LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Ridgewood Investments LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $177,000. First United Bank & Trust increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $200,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $101.76 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week high of $101.81. The business has a fifty day moving average of $100.90 and a two-hundred day moving average of $100.70.

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.