Signet Financial Management LLC Decreases Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Signet Financial Management LLC lessened its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,913 shares of the company’s stock after selling 1,558 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 0.9% of Signet Financial Management LLC’s portfolio, making the stock its 29th largest position. Signet Financial Management LLC owned 0.08% of iShares 0-5 Year TIPS Bond ETF worth $6,355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in STIP. Clear Investment Research LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.6% during the 4th quarter. Clear Investment Research LLC now owns 7,436 shares of the company’s stock worth $733,000 after purchasing an additional 119 shares during the last quarter. Hudson Portfolio Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.6% during the 3rd quarter. Hudson Portfolio Management LLC now owns 22,165 shares of the company’s stock worth $2,148,000 after purchasing an additional 125 shares during the last quarter. Brookstone Capital Management lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after purchasing an additional 127 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 18.2% during the 4th quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock worth $83,000 after purchasing an additional 130 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% during the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after purchasing an additional 153 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock traded up $0.14 during trading on Thursday, hitting $99.42. 102,365 shares of the stock were exchanged, compared to its average volume of 519,719. The firm’s 50-day moving average price is $99.19 and its 200 day moving average price is $98.95. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.57.

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.