Mutual Advisors LLC Sells 50,738 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Mutual Advisors LLC decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 63.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,906 shares of the company’s stock after selling 50,738 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,960,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Uptick Partners LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 44.0% during the 4th quarter. Uptick Partners LLC now owns 4,373 shares of the company’s stock worth $448,000 after buying an additional 1,336 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 38.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 3,822 shares of the company’s stock worth $391,000 after buying an additional 1,067 shares in the last quarter. Sigma Planning Corp grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 28.9% during the 4th quarter. Sigma Planning Corp now owns 31,059 shares of the company’s stock worth $3,180,000 after buying an additional 6,963 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $308,000. Finally, Sofi Wealth LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.3% during the 4th quarter. Sofi Wealth LLC now owns 30,864 shares of the company’s stock worth $3,160,000 after buying an additional 2,108 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.5%

Shares of STIP stock opened at $103.66 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.98 and a 1-year high of $104.16. The stock’s 50-day moving average is $103.44 and its 200 day moving average is $103.03.

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.