iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Holdings Cut by Kovack Advisors Inc.

Kovack Advisors Inc. cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 38.0% in the 4th quarter, Holdings Channel reports. The firm owned 2,505 shares of the company’s stock after selling 1,535 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. DDD Partners LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 3.1% during the 4th quarter. DDD Partners LLC now owns 3,680 shares of the company’s stock worth $370,000 after buying an additional 110 shares during the last quarter. MADDEN SECURITIES Corp boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.0% during the fourth quarter. MADDEN SECURITIES Corp now owns 4,150 shares of the company’s stock valued at $417,000 after acquiring an additional 120 shares during the period. First PREMIER Bank grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.0% during the fourth quarter. First PREMIER Bank now owns 13,279 shares of the company’s stock worth $1,336,000 after acquiring an additional 134 shares during the last quarter. Capasso Planning Partners LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the 3rd quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after acquiring an additional 142 shares during the period. Finally, FC Advisory LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.1% in the 4th quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock valued at $496,000 after purchasing an additional 147 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.72 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.53 and a 52-week high of $102.72. The firm has a 50-day moving average price of $101.27 and a two-hundred day moving average price of $100.95.

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.