Summitry LLC Has $37.74 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Summitry LLC cut its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 375,137 shares of the company’s stock after selling 3,569 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 1.8% of Summitry LLC’s investment portfolio, making the stock its 21st largest position. Summitry LLC owned approximately 0.46% of iShares 0-5 Year TIPS Bond ETF worth $37,739,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Haverford Trust Co lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% in the 4th quarter. Haverford Trust Co now owns 592,789 shares of the company’s stock valued at $59,635,000 after purchasing an additional 12,326 shares during the last quarter. TAGStone Capital Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 198.7% during the fourth quarter. TAGStone Capital Inc. now owns 11,891 shares of the company’s stock valued at $1,196,000 after buying an additional 7,910 shares in the last quarter. Clune & Associates LTD. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $528,000. LPL Financial LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock worth $154,820,000 after acquiring an additional 75,531 shares in the last quarter. Finally, Sykon Capital LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $654,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $102.91 on Wednesday. The business has a 50 day moving average price of $101.96 and a 200 day moving average price of $101.24. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.97.

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.