Financial Advocates Investment Management Sells 796 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Financial Advocates Investment Management lowered its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,971 shares of the company’s stock after selling 796 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,305,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Prism Advisors Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 3.6% in the third quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock valued at $327,000 after purchasing an additional 111 shares in the last quarter. First PREMIER Bank grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.0% in the 4th quarter. First PREMIER Bank now owns 13,279 shares of the company’s stock valued at $1,336,000 after buying an additional 134 shares during the period. Physician Wealth Advisors Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 0.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock valued at $2,990,000 after buying an additional 141 shares in the last quarter. Capasso Planning Partners LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 0.9% in the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after acquiring an additional 142 shares in the last quarter. Finally, FC Advisory LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.1% in the fourth quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock worth $496,000 after acquiring an additional 147 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $101.65 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.81. The business has a 50 day moving average price of $100.91 and a 200-day moving average price of $100.70.

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.