Steward Partners Investment Advisory LLC Has $2.44 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Steward Partners Investment Advisory LLC lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 28.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,281 shares of the company’s stock after selling 9,693 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,443,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STIP. Pflug Koory LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% during the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after acquiring an additional 401 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at about $52,000. Providence First Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at about $75,000. Ridgewood Investments LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the last quarter. Finally, 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.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.41 on Friday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $102.90. The firm’s 50 day simple moving average is $101.44 and its 200 day simple moving average is $101.01.

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.