Comprehensive Money Management Services LLC Has $1.24 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Comprehensive Money Management Services LLC reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,054 shares of the company’s stock after selling 530 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 0.9% of Comprehensive Money Management Services LLC’s holdings, making the stock its 27th largest position. Comprehensive Money Management Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,240,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. VanderPol Investments L.L.C. raised its stake in iShares 0-5 Year TIPS Bond ETF by 2.6% during the second quarter. VanderPol Investments L.L.C. now owns 13,414 shares of the company’s stock worth $1,380,000 after acquiring an additional 345 shares in the last quarter. JB Capital LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $599,000. Blue Trust Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $1,470,000. Endeavor Private Wealth Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $639,000. Finally, Galvin Gaustad & Stein LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the second quarter. Galvin Gaustad & Stein LLC now owns 132,857 shares of the company’s stock valued at $13,672,000 after buying an additional 562 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $103.32 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.13 and a twelve month high of $103.93. The business has a fifty day moving average of $103.35 and a 200-day moving average of $102.89.

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.