Mutual Advisors LLC Has $3.30 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Mutual Advisors LLC lessened its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% in the third quarter, Holdings Channel.com reports. The firm owned 32,693 shares of the company’s stock after selling 361 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,295,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the second quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after buying an additional 265 shares during the period. IAG Wealth Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $30,000. Ridgewood Investments LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $34,000. Palisade Asset Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $35,000. Finally, Gleason Group Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $46,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $100.72 on Thursday. The business’s 50-day moving average price is $100.87 and its two-hundred day moving average price is $99.90. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.74 and a 12 month high of $101.52.

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.