iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Empowered Funds LLC

Empowered Funds LLC lowered its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 508,001 shares of the company’s stock after selling 8,639 shares during the period. Empowered Funds LLC owned approximately 0.35% of iShares 0-5 Year TIPS Bond ETF worth $52,364,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in STIP. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $27,000. Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000. Kingdom Financial Group LLC. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000. Finally, Torren Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $101.11 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.10 and a 12 month high of $104.16. The stock’s 50-day moving average is $102.09 and its two-hundred day moving average is $102.81.

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.