Mutual Advisors LLC Has $3.13 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Mutual Advisors LLC lowered its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 30,925 shares of the company’s stock after selling 1,768 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,128,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ridgewood Investments LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% in the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after purchasing an additional 203 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $177,000. First United Bank & Trust boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th 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. Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $200,000. Finally, CWA Asset Management Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $204,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $101.13 on Friday. The company has a 50-day moving average of $100.78 and a two-hundred day moving average of $100.56. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week high of $101.52.

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.