RDA Financial Network cut its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 55.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 16,848 shares of the company’s stock after selling 20,892 shares during the quarter. RDA Financial Network’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,695,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Ridgewood Investments LLC raised its stake in 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. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $177,000. Coldstream Capital Management Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $200,000. CWA Asset Management Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $204,000. Finally, W.H. Cornerstone Investments Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $205,000.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of STIP opened at $101.16 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52. The company’s fifty day moving average is $100.74 and its two-hundred day moving average is $100.50.
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.
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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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