Mutual Advisors LLC Has $3.30 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Mutual Advisors LLC lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 32,693 shares of the company’s stock after selling 361 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,295,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blair William & Co. IL lifted its position in iShares 0-5 Year TIPS Bond ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after acquiring an additional 2,668 shares during the last quarter. Cetera Investment Advisers increased its position in iShares 0-5 Year TIPS Bond ETF by 120.5% during the 1st quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after buying an additional 204,788 shares during the period. NorthCrest Asset Manangement LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% during the second quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock worth $5,695,000 after buying an additional 2,125 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $17,569,000. Finally, CGN Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 4.1% during the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after acquiring an additional 116 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $100.72 on Thursday. The firm has a 50-day moving average price of $100.87 and a two-hundred day moving average price of $99.90. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.74 and a 12-month high of $101.52.

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.