Freedom Investment Management Inc. Has $746,000 Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Freedom Investment Management Inc. decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 25.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,252 shares of the company’s stock after selling 2,426 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $746,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Capital Investment Advisory Services LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 34.0% during the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the period. Adams Wealth Management boosted its position in iShares 0-5 Year TIPS Bond ETF by 2.8% during the first quarter. Adams Wealth Management now owns 3,766 shares of the company’s stock worth $390,000 after purchasing an additional 102 shares during the period. CacheTech Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 2.8% during the first quarter. CacheTech Inc. now owns 3,766 shares of the company’s stock worth $390,000 after purchasing an additional 102 shares during the period. Kings Path Partners LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 14.4% during the second quarter. Kings Path Partners LLC now owns 872 shares of the company’s stock worth $90,000 after purchasing an additional 110 shares during the period. Finally, Successful Portfolios LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 0.8% during the second quarter. Successful Portfolios LLC now owns 15,244 shares of the company’s stock worth $1,569,000 after purchasing an additional 121 shares during the period.

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

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.51 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93. The stock has a 50 day moving average price of $103.43 and a two-hundred day moving average price of $102.93.

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.