Country Club Bank Lowers Position in iShares 0-5 Year TIPS Bond ETF $STIP

Country Club Bank lowered its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,621 shares of the company’s stock after selling 395 shares during the period. Country Club Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $886,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of STIP. HHM Wealth Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at about $28,000. Cape Investment Advisory Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after purchasing an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after purchasing an additional 97 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after purchasing an additional 389 shares during the last quarter. Finally, Signature Resources Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 45.1% during the 2nd quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock valued at $44,000 after purchasing an additional 133 shares during the last quarter.

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

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.27 on Wednesday. The business’s 50-day moving average price is $103.33 and its 200-day moving average price is $102.88. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93.

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.