iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stake Reduced by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,465 shares of the company’s stock after selling 358 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $852,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in STIP. Pflug Koory LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Ridgewood Investments LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after acquiring an additional 203 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $177,000. First United Bank & Trust grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after acquiring an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $200,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

NYSEARCA:STIP opened at $101.75 on Wednesday. The stock has a fifty day simple moving average of $101.02 and a 200 day simple moving average of $100.83. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.49 and a 1-year high of $101.85.

About iShares 0-5 Year TIPS Bond ETF

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.