Gould Asset Management LLC CA lowered its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 16.4% during the third quarter, Holdings Channel reports. The institutional investor owned 300,998 shares of the company’s stock after selling 59,071 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 5.8% of Gould Asset Management LLC CA’s investment portfolio, making the stock its 3rd largest holding. Gould Asset Management LLC CA’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $31,111,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. LGT Financial Advisors LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $26,000. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $26,000. Trust Co. of Vermont purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $32,000. Quaker Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after buying an additional 840 shares in the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $43,000.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of NYSEARCA STIP opened at $102.41 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.99 and a fifty-two week high of $103.93. The business has a 50-day simple moving average of $102.65 and a two-hundred day simple moving average of $102.99.
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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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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