iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Ascent Group LLC

Ascent Group LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 79,625 shares of the company’s stock after selling 6,217 shares during the quarter. Ascent Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,153,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Rossmore Private Capital purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth approximately $26,000. Trust Co. of Vermont acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $32,000. Avalon Trust Co bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $41,000. Finally, Rice Partnership LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $103.31 on Friday. The business’s 50-day simple moving average is $103.12 and its 200-day simple moving average is $102.98. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.67 and a 52 week high of $103.93.

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.