HBW Advisory Services LLC Reduces Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

HBW Advisory Services LLC lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.0% in the third quarter, HoldingsChannel.com reports. The firm owned 32,189 shares of the company’s stock after selling 1,340 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Larson Financial Group LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% during the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after buying an additional 265 shares during the period. IAG Wealth Partners LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $30,000. Ridgewood Investments LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $34,000. Palisade Asset Management LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth $35,000. Finally, Gleason Group Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $46,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock traded down $0.35 on Friday, hitting $100.89. 184,722 shares of the stock traded hands, compared to its average volume of 460,755. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $96.27 and a 1 year high of $101.52. The business’s fifty day simple moving average is $100.51 and its 200 day simple moving average is $99.69.

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.