Morton Brown Family Wealth LLC Trims Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Morton Brown Family Wealth LLC lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 34.4% during the third quarter, HoldingsChannel reports. The firm owned 1,104 shares of the company’s stock after selling 578 shares during the quarter. Morton Brown Family Wealth LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $112,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of 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 worth $27,000 after acquiring 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 during the 2nd quarter worth approximately $30,000. Ridgewood Investments LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $34,000. Palisade Asset Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at approximately $35,000. Finally, Gleason Group Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $46,000.

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

Shares of NYSEARCA STIP traded down $0.15 during midday trading on Monday, hitting $100.58. The company had a trading volume of 110,565 shares, compared to its average volume of 454,400. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.74 and a twelve month high of $101.52. The business has a 50-day simple moving average of $100.84 and a two-hundred day simple moving average of $99.88.

iShares 0-5 Year TIPS Bond ETF Company 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.