New York Life Investment Management LLC Sells 248,131 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

New York Life Investment Management LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 62.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,059 shares of the company’s stock after selling 248,131 shares during the period. New York Life Investment Management LLC owned 0.12% of iShares 0-5 Year TIPS Bond ETF worth $15,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LGT Financial Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $26,000. Rossmore Private Capital acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $26,000. Trust Co. of Vermont bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $32,000. Finally, Quaker Wealth Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after buying an additional 840 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

NYSEARCA STIP opened at $102.98 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.51 and a 1 year high of $103.93. The company has a fifty day simple moving average of $102.57 and a 200 day simple moving average of $103.00.

iShares 0-5 Year TIPS Bond ETF Company 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.