Western Wealth Management LLC reduced its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 67.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,480 shares of the company’s stock after selling 7,156 shares during the period. Western Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $360,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of STIP. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $27,000. Caldwell Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $29,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at approximately $29,000. Finally, Torren Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $41,000.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%
Shares of STIP stock opened at $100.62 on Wednesday. The business’s fifty day moving average is $101.82 and its 200 day moving average is $102.75. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.56 and a twelve month high of $104.16.
iShares 0-5 Year TIPS Bond ETF Company 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.
Recommended Stories
- Five stocks we like better than iShares 0-5 Year TIPS Bond ETF
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
