Signet Financial Management LLC Sells 1,558 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Signet Financial Management LLC lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,913 shares of the company’s stock after selling 1,558 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 0.9% of Signet Financial Management LLC’s holdings, making the stock its 29th biggest holding. Signet Financial Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,355,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of STIP. Gilliland Jeter Wealth Management LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $1,803,000. SVB Wealth LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 49.4% in the 4th quarter. SVB Wealth LLC now owns 20,238 shares of the company’s stock valued at $1,995,000 after purchasing an additional 6,690 shares during the last quarter. CFS Investment Advisory Services LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 24.3% in the 4th quarter. CFS Investment Advisory Services LLC now owns 32,734 shares of the company’s stock valued at $3,227,000 after purchasing an additional 6,408 shares during the last quarter. First United Bank & Trust bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $77,000. Finally, TSA Wealth Managment LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $670,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

Shares of NYSEARCA STIP traded up $0.14 during mid-day trading on Thursday, hitting $99.42. The company’s stock had a trading volume of 102,365 shares, compared to its average volume of 519,719. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.27 and a one year high of $99.57. The company’s fifty day simple moving average is $99.19 and its 200-day simple moving average is $98.95.

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.