Bleakley Financial Group LLC Sells 2,598 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Bleakley Financial Group LLC decreased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 64,888 shares of the company’s stock after selling 2,598 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,528,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pflug Koory LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Ridgewood Investments LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $177,000. First United Bank & Trust raised its position in iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the period. Finally, Coldstream Capital Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $200,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $101.76 on Thursday. The business’s 50 day moving average price is $100.90 and its 200-day moving average price is $100.70. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.81.

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.