Country Club Bank Sells 4,547 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Country Club Bank lowered its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 34.1% in the 4th quarter, HoldingsChannel reports. The firm owned 8,781 shares of the company’s stock after selling 4,547 shares during the quarter. Country Club Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STIP. JPMorgan Chase & Co. raised its position in iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after purchasing an additional 6,480 shares during the period. IHT Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after buying an additional 7,048 shares during the last quarter. First United Bank & Trust increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after buying an additional 308 shares during the period. Lutz Financial Services LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 29.2% in the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock valued at $5,480,000 after acquiring an additional 12,210 shares during the last quarter. Finally, Evanson Asset Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 9.0% during the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock valued at $227,000 after acquiring an additional 185 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $101.76 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.81. The stock’s 50 day simple moving average is $100.90 and its 200 day simple moving average is $100.70.

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.