iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Summitry LLC

Summitry LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 335,086 shares of the company’s stock after selling 12,676 shares during the quarter. Summitry LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $34,658,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in STIP. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $27,000. Caldwell Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $29,000. Finally, Torren Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.36 on Friday. The stock’s fifty day moving average is $101.93 and its 200-day moving average is $102.78. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.10 and a 12-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.