Delta Investment Management LLC Sells 276 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Delta Investment Management LLC lessened its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,006 shares of the company’s stock after selling 276 shares during the period. Delta Investment Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $494,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of STIP. North Star Investment Management Corp. raised its stake in iShares 0-5 Year TIPS Bond ETF by 153.0% during the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after buying an additional 153 shares during the last quarter. Farmers & Merchants Investments Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $26,000. Delos Wealth Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $29,000. Tennessee Valley Asset Management Partners bought a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $30,000. Finally, Sound Income Strategies LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 245.7% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock worth $36,000 after buying an additional 258 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %

STIP opened at $99.20 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $96.27 and a 1-year high of $99.52. The company has a fifty day moving average price of $99.13 and a two-hundred day moving average price of $98.36.

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.