Hilltop Holdings Inc. Has $567,000 Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Hilltop Holdings Inc. trimmed its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 78.1% during the third quarter, Holdings Channel reports. The firm owned 5,594 shares of the company’s stock after selling 19,934 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Prism Advisors Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 3.6% in the third quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after purchasing an additional 111 shares in the last quarter. TSA Wealth Managment LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.9% in the 2nd quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock valued at $647,000 after acquiring an additional 121 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock valued at $692,000 after acquiring an additional 124 shares during the period. H&H Retirement Design & Management INC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 0.9% during the second quarter. H&H Retirement Design & Management INC now owns 15,555 shares of the company’s stock worth $1,546,000 after acquiring an additional 137 shares in the last quarter. Finally, Physician Wealth Advisors Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 0.5% in the third quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock worth $2,990,000 after purchasing an additional 141 shares during the period.

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

STIP opened at $100.96 on Friday. The company has a fifty day moving average price of $100.87 and a two-hundred day moving average price of $100.19. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $97.42 and a 1-year high of $101.52.

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.