Hanseatic Management Services Inc. Sells 765 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Hanseatic Management Services Inc. decreased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,200 shares of the company’s stock after selling 765 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 1.3% of Hanseatic Management Services Inc.’s portfolio, making the stock its 29th largest position. Hanseatic Management Services Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,026,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares during the period. Brookstone Capital Management lifted its stake in iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after acquiring an additional 181,396 shares during the period. Victory Capital Management Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock worth $37,490,000 after purchasing an additional 134,440 shares during the period. Modera Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after purchasing an additional 99,455 shares in the last quarter.

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

NYSEARCA:STIP opened at $101.15 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52. The firm’s 50-day moving average price is $100.74 and its 200-day moving average price is $100.52.

iShares 0-5 Year TIPS Bond ETF 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.