Brookstone Capital Management Sells 11,156 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Brookstone Capital Management lowered its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,620 shares of the company’s stock after selling 11,156 shares during the quarter. Brookstone Capital Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $9,483,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after buying an additional 671,145 shares during the period. Amplius Wealth Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 17,600.5% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 469,418 shares of the company’s stock valued at $48,519,000 after acquiring an additional 466,766 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after acquiring an additional 305,961 shares during the period. Miracle Mile Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 6,120.7% during the third quarter. Miracle Mile Advisors LLC now owns 294,301 shares of the company’s stock worth $30,419,000 after acquiring an additional 289,570 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% during the third quarter. Farther Finance Advisors LLC now owns 444,538 shares of the company’s stock worth $45,947,000 after acquiring an additional 236,497 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.43 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.67 and a fifty-two week high of $103.93. The firm’s 50-day simple moving average is $103.07 and its two-hundred day simple moving average is $102.98.

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.