iShares 0-5 Year TIPS Bond ETF $STIP Stock Holdings Decreased by Valmark Advisers Inc.

Valmark Advisers Inc. lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 127,107 shares of the company’s stock after selling 5,112 shares during the period. Valmark Advisers Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $13,081,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of STIP. HHM Wealth Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $28,000. Cape Investment Advisory Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the last quarter. Finally, Signature Resources Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 45.1% in the 2nd quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $103.27 on Wednesday. The company has a 50-day moving average of $103.33 and a 200-day moving average of $102.88. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93.

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.