Courier Capital LLC Sells 3,346 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Courier Capital LLC reduced its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,542 shares of the company’s stock after selling 3,346 shares during the period. Courier Capital LLC owned approximately 0.12% of iShares 0-5 Year TIPS Bond ETF worth $9,984,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in STIP. Larson Financial Group LLC increased its holdings 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 worth $27,000 after purchasing an additional 265 shares during the period. IAG Wealth Partners LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $30,000. Ridgewood Investments LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $34,000. Palisade Asset Management LLC bought a new position 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 in the second quarter valued at $46,000.

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

STIP traded down $0.14 during trading on Wednesday, reaching $100.76. The stock had a trading volume of 225,831 shares, compared to its average volume of 457,520. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.74 and a one year high of $101.52. The business has a 50-day moving average of $100.79 and a 200-day moving average of $99.85.

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.