AdvisorNet Financial Inc Has $232,000 Stake in iShares 0-5 Year TIPS Bond ETF $STIP

AdvisorNet Financial Inc trimmed its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,259 shares of the company’s stock after selling 483 shares during the period. AdvisorNet Financial Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 34.0% in the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after acquiring an additional 97 shares during the period. Adams Wealth Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 2.8% in the first quarter. Adams Wealth Management now owns 3,766 shares of the company’s stock valued at $390,000 after acquiring an additional 102 shares during the period. CacheTech Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 2.8% in the first quarter. CacheTech Inc. now owns 3,766 shares of the company’s stock valued at $390,000 after acquiring an additional 102 shares during the period. Breakwater Investment Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 0.9% in the first quarter. Breakwater Investment Management now owns 12,003 shares of the company’s stock valued at $1,242,000 after acquiring an additional 110 shares during the period. Finally, Kings Path Partners LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 14.4% in the second quarter. Kings Path Partners LLC now owns 872 shares of the company’s stock valued at $90,000 after acquiring an additional 110 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $103.41 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93. The stock has a 50-day moving average price of $103.26 and a two-hundred day moving average price of $102.84.

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.