iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. trimmed its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 49.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Modera Wealth Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after acquiring an additional 101,437 shares during the last quarter. Ritholtz Wealth Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the 3rd quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock worth $153,292,000 after purchasing an additional 84,443 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after buying an additional 201,769 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after buying an additional 47,113 shares during the last quarter. Finally, Destination Wealth Management lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% during the third quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock valued at $71,982,000 after buying an additional 22,251 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

STIP stock opened at $100.59 on Friday. The company has a 50 day moving average price of $100.71 and a two-hundred day moving average price of $100.41. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.35 and a one year high of $101.52.

iShares 0-5 Year TIPS Bond ETF Company 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.