iShares 0-5 Year TIPS Bond ETF $STIP Stock Position Cut by Summitry LLC

Summitry LLC decreased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 335,086 shares of the company’s stock after selling 12,676 shares during the period. Summitry LLC owned approximately 0.23% of iShares 0-5 Year TIPS Bond ETF worth $34,658,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Parallel Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after purchasing an additional 112 shares in the last quarter. United Asset Strategies Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% during the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after purchasing an additional 119 shares in the last quarter. Breakwater Capital Group increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after purchasing an additional 120 shares during the period. Running Point Capital Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 36.9% during the 4th quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after purchasing an additional 121 shares during the period. Finally, Chicago Partners Investment Group LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the 1st quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock worth $3,085,000 after buying an additional 122 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $101.36 on Friday. The business has a fifty day simple moving average of $101.93 and a 200-day simple moving average of $102.78. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.10 and a fifty-two week high of $104.16.

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.