RDA Financial Network trimmed its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 9.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,180 shares of the company’s stock after selling 1,668 shares during the period. RDA Financial Network’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,571,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of STIP. Transce3nd LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $25,000. Knuff & Co LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $33,000. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $52,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $58,000.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of STIP stock opened at $102.02 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.84 and a fifty-two week high of $103.61. The stock’s fifty day moving average is $102.63 and its two-hundred day moving average is $101.90.
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.
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