Principal Financial Group Inc. Sells 10,025 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Principal Financial Group Inc. lessened its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 49.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,220 shares of the company’s stock after selling 10,025 shares during the period. Principal Financial Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,035,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in STIP. Dynasty Wealth Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at $44,227,000. New York Life Investment Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 415.8% in the second quarter. New York Life Investment Management LLC now owns 268,939 shares of the company’s stock valued at $26,757,000 after acquiring an additional 216,799 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock worth $37,263,000 after acquiring an additional 204,788 shares during the period. Jane Street Group LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 760.6% during the first quarter. Jane Street Group LLC now owns 216,701 shares of the company’s stock worth $21,547,000 after purchasing an additional 191,521 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock valued at $18,819,000 after purchasing an additional 181,396 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0 %

NYSEARCA:STIP opened at $100.81 on Friday. The business’s 50-day moving average is $100.93 and its 200 day moving average is $100.09. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $97.31 and a 12 month 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.