iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Position Reduced by Matrix Trust Co

Matrix Trust Co decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 17.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,022 shares of the company’s stock after selling 216 shares during the quarter. Matrix Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $104,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bell Investment Advisors Inc grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 31.5% during the 4th quarter. Bell Investment Advisors Inc now owns 24,488 shares of the company’s stock valued at $2,414,000 after buying an additional 5,861 shares during the last quarter. Financial Network Wealth Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $603,000. Clarity Asset Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $66,000. Secured Retirement Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $647,000. Finally, D L Carlson Investment Group Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.1% during the 4th quarter. D L Carlson Investment Group Inc. now owns 14,685 shares of the company’s stock valued at $1,449,000 after buying an additional 295 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP traded up $0.18 during trading on Thursday, reaching $101.00. 71,931 shares of the company’s stock traded hands, compared to its average volume of 461,079. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.74 and a 12 month high of $101.52. The company has a 50 day moving average of $100.60 and a 200-day moving average of $99.74.

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.