Wallace Advisory Group LLC Sells 2,543 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Wallace Advisory Group LLC cut its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 27.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,564 shares of the company’s stock after selling 2,543 shares during the period. Wallace Advisory Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $665,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in STIP. Renaissance Technologies LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 41.2% in the second quarter. Renaissance Technologies LLC now owns 340,500 shares of the company’s stock valued at $33,876,000 after acquiring an additional 99,400 shares during the last quarter. Fairway Wealth LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 64.9% in the second quarter. Fairway Wealth LLC now owns 14,892 shares of the company’s stock valued at $1,482,000 after buying an additional 5,862 shares during the period. RPg Family Wealth Advisory LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 13.6% in the second quarter. RPg Family Wealth Advisory LLC now owns 9,294 shares of the company’s stock valued at $925,000 after buying an additional 1,113 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 6.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after buying an additional 47,113 shares during the period. Finally, Blair William & Co. IL lifted its stake in iShares 0-5 Year TIPS Bond ETF by 4.3% in the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock valued at $6,391,000 after buying an additional 2,668 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $100.72 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week high of $101.52. The business’s 50 day moving average price is $100.71 and its two-hundred day moving average price is $100.47.

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.