Raymond James Financial Services Advisors Inc. Sells 1,280 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Raymond James Financial Services Advisors Inc. cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 259,541 shares of the company’s stock after selling 1,280 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $25,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Nisa Investment Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $8,397,000. Chesley Taft & Associates LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 4.2% during the 2nd quarter. Chesley Taft & Associates LLC now owns 11,649 shares of the company’s stock worth $1,159,000 after acquiring an additional 466 shares during the last quarter. Integris Wealth Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 5.0% in the 2nd quarter. Integris Wealth Management LLC now owns 61,335 shares of the company’s stock worth $6,102,000 after purchasing an additional 2,926 shares in the last quarter. Sensible Financial Planning & Management LLC. raised its position in iShares 0-5 Year TIPS Bond ETF by 5.0% in the second quarter. Sensible Financial Planning & Management LLC. now owns 199,195 shares of the company’s stock valued at $19,818,000 after purchasing an additional 9,558 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 25.2% during the second quarter. Brookstone Capital Management now owns 4,343 shares of the company’s stock valued at $433,000 after purchasing an additional 874 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $99.93 on Tuesday. The company’s 50 day moving average price is $99.49 and its two-hundred day moving average price is $99.23. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $100.21.

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.