MML Investors Services LLC reduced its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 28.0% during the 4th quarter, Holdings Channel reports. The fund owned 86,746 shares of the company’s stock after selling 33,717 shares during the quarter. MML Investors Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn FI LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6,349.4% in the 4th quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock worth $122,469,000 after acquiring an additional 1,196,170 shares during the period. 3EDGE Asset Management LP lifted its position in iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after purchasing an additional 770,017 shares during the period. Assetmark Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 459,144.4% during the 4th quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after purchasing an additional 578,522 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $44,239,000. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $40,443,000.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.88 on Thursday. The business has a fifty day simple moving average of $102.60 and a 200-day simple moving average of $101.50. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.53 and a fifty-two week high of $103.61.
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.
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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).
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