iShares 0-5 Year TIPS Bond ETF $STIP Position Cut by RFG Advisory LLC

RFG Advisory LLC reduced its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 80.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,626 shares of the company’s stock after selling 23,878 shares during the quarter. RFG Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $582,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. LGT Financial Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $26,000. Rossmore Private Capital acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $26,000. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $26,000. Trust Co. of Vermont acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $32,000. Finally, Quaker Wealth Management LLC increased its stake 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 during the period.

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

Shares of NYSEARCA:STIP opened at $103.01 on Friday. The company has a 50 day moving average of $102.59 and a 200-day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.67 and a twelve month 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.