Fifth Third Securities Inc. Has $2.60 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Fifth Third Securities Inc. reduced its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,185 shares of the company’s stock after selling 392 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,604,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Clear Investment Research LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.6% in the fourth quarter. Clear Investment Research LLC now owns 7,436 shares of the company’s stock worth $733,000 after acquiring an additional 119 shares in the last quarter. Brookstone Capital Management increased its stake in iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after purchasing an additional 127 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in iShares 0-5 Year TIPS Bond ETF by 18.2% during the 4th quarter. AdvisorNet Financial Inc now owns 843 shares of the company’s stock worth $83,000 after buying an additional 130 shares during the period. Beaird Harris Wealth Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 6.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 2,586 shares of the company’s stock valued at $251,000 after buying an additional 156 shares in the last quarter. Finally, ORG Partners LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 7.8% in the fourth quarter. ORG Partners LLC now owns 2,694 shares of the company’s stock valued at $266,000 after buying an additional 194 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $98.99 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.57. The firm has a fifty day moving average of $99.19 and a 200-day moving average of $98.98.

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.