World Investment Advisors Sells 36,615 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

World Investment Advisors trimmed its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 10.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 308,576 shares of the company’s stock after selling 36,615 shares during the quarter. World Investment Advisors’ holdings in iShares 0-5 Year TIPS Bond ETF were worth $31,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of STIP. Canal Capital Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at approximately $8,582,000. Marotta Asset Management lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 59.9% during the 1st quarter. Marotta Asset Management now owns 5,533 shares of the company’s stock worth $571,000 after buying an additional 2,072 shares during the period. Private Advisor Group LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.7% during the 1st quarter. Private Advisor Group LLC now owns 51,380 shares of the company’s stock worth $5,314,000 after buying an additional 2,780 shares during the period. Financial Plan Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 4.7% in the 1st quarter. Financial Plan Inc. now owns 102,298 shares of the company’s stock valued at $10,581,000 after buying an additional 4,603 shares in the last quarter. Finally, Trademark Financial Management LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 14.8% in the 1st quarter. Trademark Financial Management LLC now owns 33,407 shares of the company’s stock valued at $3,455,000 after buying an additional 4,307 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $101.23 on Friday. The business’s fifty day moving average price is $102.87 and its two-hundred day moving average price is $102.93. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.11 and a fifty-two week high of $104.16.

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.