HBW Advisory Services LLC Sells 13,735 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

HBW Advisory Services LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 85.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,256 shares of the company’s stock after selling 13,735 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $233,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after acquiring an additional 389 shares during the period. Comerica Bank lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 19.6% during the 1st quarter. Comerica Bank now owns 8,347 shares of the company’s stock worth $864,000 after purchasing an additional 1,368 shares during the last quarter. Baird Financial Group Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 7.7% during the first quarter. Baird Financial Group Inc. now owns 61,593 shares of the company’s stock valued at $6,373,000 after purchasing an additional 4,394 shares in the last quarter. Ewing Morris & Co. Investment Partners Ltd. grew its stake in iShares 0-5 Year TIPS Bond ETF by 124.8% in the first quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 23,347 shares of the company’s stock valued at $2,416,000 after purchasing an additional 12,962 shares during the last quarter. Finally, MAI Capital Management raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.8% in the first quarter. MAI Capital Management now owns 229,708 shares of the company’s stock worth $23,768,000 after purchasing an additional 8,374 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $102.37 on Monday. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.38 and a one year high of $103.93. The firm has a 50-day simple moving average of $102.87 and a two-hundred day simple moving average of $103.00.

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.