Truist Financial Corp Has $6.78 Million Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Truist Financial Corp cut its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 47.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,232 shares of the company’s stock after selling 59,109 shares during the period. Truist Financial Corp’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,782,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. BIP Wealth LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.9% during the fourth quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock worth $15,011,000 after buying an additional 6,861 shares in the last quarter. Copperleaf Capital LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $827,000. Austin Asset Management Co Inc grew its stake in iShares 0-5 Year TIPS Bond ETF by 4.1% during the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after buying an additional 11,233 shares in the last quarter. Exencial Wealth Advisors LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 13.0% during the third quarter. Exencial Wealth Advisors LLC now owns 175,669 shares of the company’s stock worth $18,157,000 after buying an additional 20,251 shares in the last quarter. Finally, Brooklyn FI LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 27.7% during the fourth quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock worth $3,549,000 after buying an additional 7,529 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.60 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month high of $104.16. The firm’s 50-day moving average price is $103.47 and its two-hundred day moving average price is $103.03.

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.