Wallace Advisory Group LLC Sells 101 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Wallace Advisory Group LLC reduced its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,107 shares of the company’s stock after selling 101 shares during the period. Wallace Advisory Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Canandaigua National Bank & Trust Co. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $1,853,000. Abacus Planning Group Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 8.0% in the 3rd quarter. Abacus Planning Group Inc. now owns 262,984 shares of the company’s stock valued at $26,646,000 after buying an additional 19,436 shares during the period. Passive Capital Management LLC. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.8% in the 2nd quarter. Passive Capital Management LLC. now owns 19,097 shares of the company’s stock valued at $1,900,000 after buying an additional 151 shares in the last quarter. Lazari Capital Management Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $1,974,000. Finally, Sanctuary Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $1,499,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.4 %

Shares of NYSEARCA STIP traded down $0.36 during mid-day trading on Friday, reaching $100.88. 329,329 shares of the company’s stock were exchanged, compared to its average volume of 461,508. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $101.52. The business has a fifty day simple moving average of $100.54 and a 200 day simple moving average of $99.71.

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.