Baker Avenue Asset Management LP Sells 198,965 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Baker Avenue Asset Management LP decreased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 98.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,547 shares of the company’s stock after selling 198,965 shares during the period. Baker Avenue Asset Management LP’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Chapman Financial Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. Caldwell Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Avalon Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $41,000. Finally, Torren Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $41,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.67 on Friday. The firm has a fifty day moving average of $103.52 and a two-hundred day moving average of $103.06. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 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.