Freedom Investment Management Inc. Sells 900 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Freedom Investment Management Inc. lowered its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,829 shares of the company’s stock after selling 900 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,198,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in STIP. New York Life Investment Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% in the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock worth $26,757,000 after purchasing an additional 216,799 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after purchasing an additional 204,788 shares during the period. LPL Financial LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 760.6% in the first quarter. Jane Street Group LLC now owns 216,701 shares of the company’s stock worth $21,547,000 after purchasing an additional 191,521 shares during the period. Finally, Brookstone Capital Management increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after purchasing an additional 181,396 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

iShares 0-5 Year TIPS Bond ETF stock opened at $100.97 on Thursday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $97.36 and a fifty-two week high of $101.52. The firm’s fifty day moving average price is $100.92 and its 200-day moving average price is $100.12.

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.