Sanctuary Advisors LLC Cuts Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sanctuary Advisors LLC lessened its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 62.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,653 shares of the company’s stock after selling 9,460 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. Virtue Capital Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 20.8% during the third quarter. Virtue Capital Management LLC now owns 5,538 shares of the company’s stock worth $561,000 after purchasing an additional 952 shares in the last quarter. Coldstream Capital Management Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $200,000. Executive Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $268,000. Continuum Advisory LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 23.0% during the third quarter. Continuum Advisory LLC now owns 5,995 shares of the company’s stock worth $603,000 after purchasing an additional 1,120 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 23.3% in the third quarter. MML Investors Services LLC now owns 120,463 shares of the company’s stock valued at $12,205,000 after purchasing an additional 22,758 shares in the last quarter.

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

NYSEARCA STIP opened at $100.41 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.35 and a 12 month high of $101.52. The firm’s fifty day moving average price is $100.76 and its 200 day moving average price is $100.34.

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.