iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lessened its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 27.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 57,464 shares of the company’s stock after selling 21,578 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,717,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. CGN Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after purchasing an additional 116 shares during the last quarter. TSA Wealth Managment LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 1.9% in the 2nd quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock valued at $647,000 after buying an additional 121 shares during the period. Acorn Financial Advisory Services Inc. ADV raised its position in iShares 0-5 Year TIPS Bond ETF by 1.8% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after buying an additional 124 shares during the last quarter. Brookstone Capital Management lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% in the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after acquiring an additional 127 shares during the period. Finally, H&H Retirement Design & Management INC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock valued at $1,546,000 after acquiring an additional 137 shares in the last quarter.

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

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.32 on Tuesday. The company’s 50-day simple moving average is $100.40 and its 200-day simple moving average is $99.65. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $96.27 and a 52-week high of $101.52.

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.