iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC reduced its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 88.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,680 shares of the company’s stock after selling 137,521 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,810,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Copperleaf Capital LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $827,000. Carr Financial Group Corp boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% during the 3rd quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock valued at $2,475,000 after purchasing an additional 9,402 shares in the last quarter. Abacus Planning Group Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% in the 3rd quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock worth $48,493,000 after purchasing an additional 124,335 shares during the last quarter. Austin Asset Management Co Inc grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the 3rd quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after purchasing an additional 11,233 shares during the last quarter. Finally, SCS Capital Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock worth $52,373,000 after purchasing an additional 13,149 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $103.13 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.67 and a 12 month high of $103.93. The firm has a 50 day simple moving average of $102.99 and a 200 day simple moving average of $102.99.

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.