iShares 0-5 Year TIPS Bond ETF $STIP is Mustico Financial Group Inc.’s 9th Largest Position

Mustico Financial Group Inc. trimmed its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 20.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,795 shares of the company’s stock after selling 5,958 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.5% of Mustico Financial Group Inc.’s holdings, making the stock its 9th biggest holding. Mustico Financial Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. BIP Wealth LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 4.9% during the 4th quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock valued at $15,011,000 after purchasing an additional 6,861 shares in the last quarter. Maseco LLP lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after buying an additional 46,249 shares during the period. Investment Partners Asset Management Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 35.7% during the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock worth $2,724,000 after buying an additional 6,996 shares in the last quarter. Brooklyn FI LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th 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. Finally, Farther Finance Advisors LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after buying an additional 293,986 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.23 on Friday. The stock’s fifty day moving average price is $102.14 and its 200-day moving average price is $102.82. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.11 and a 12 month high of $104.16.

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.