Brooklyn FI LLC reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 28.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 26,553 shares of the company’s stock after selling 10,422 shares during the period. Brooklyn FI LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,664,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of STIP. Modera Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $267,526,000. Envestnet Asset Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 77.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after purchasing an additional 870,609 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp increased its position in iShares 0-5 Year TIPS Bond ETF by 113.7% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after purchasing an additional 830,200 shares during the last quarter. Sigma Investment Counselors Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $42,675,000. Finally, Rockland Trust Co. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $25,993,000.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.2%
Shares of STIP opened at $100.08 on Wednesday. The company’s fifty day moving average is $100.34 and its two-hundred day moving average is $101.98. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $99.56 and a fifty-two week 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.
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