iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Mustico Financial Group Inc.

Mustico Financial Group Inc. trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,753 shares of the company’s stock after selling 6,253 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 2.5% of Mustico Financial Group Inc.’s holdings, making the stock its 9th biggest holding. Mustico Financial Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,049,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in STIP. Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $74,745,000. Bank of America Corp DE lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after buying an additional 671,145 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after buying an additional 305,961 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4,062.8% during the fourth quarter. Jane Street Group LLC now owns 301,594 shares of the company’s stock worth $30,880,000 after buying an additional 294,349 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after buying an additional 293,986 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.4%

NYSEARCA:STIP opened at $101.88 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.84 and a 12 month high of $104.16. The firm has a fifty day simple moving average of $103.29 and a 200-day simple moving average of $103.01.

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.