Mutual Advisors LLC Cuts Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Mutual Advisors LLC trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 67.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,644 shares of the company’s stock after selling 164,217 shares during the period. Mutual Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. LGT Financial Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $26,000. Chapman Financial Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $26,000. Rossmore Private Capital purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $26,000. Trust Co. of Vermont acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $32,000. Finally, Quaker Wealth Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after purchasing an additional 840 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $102.95 on Friday. The company’s fifty day simple moving average is $102.59 and its 200-day simple moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.38 and a 52 week high of $103.93.

iShares 0-5 Year TIPS Bond ETF 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.