Alpha Omega Wealth Management LLC Sells 966 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Alpha Omega Wealth Management LLC decreased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,780 shares of the company’s stock after selling 966 shares during the period. Alpha Omega Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,511,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $30,000. Ridgewood Investments LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at about $34,000. Palisade Asset Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter worth about $35,000. Finally, Gleason Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $46,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $101.24 on Friday. The business has a 50-day moving average of $100.48 and a 200 day moving average of $99.68. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $96.27 and a 1-year high of $101.52.

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.