Greenleaf Trust Trims Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Greenleaf Trust reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 24.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,166 shares of the company’s stock after selling 1,647 shares during the period. Greenleaf Trust’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $532,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. HHM Wealth Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at about $28,000. Cape Investment Advisory Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after acquiring an additional 353 shares during the period. Capital Investment Advisory Services LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 34.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after acquiring an additional 97 shares during the period. Smartleaf Asset Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after acquiring an additional 389 shares during the period. Finally, Signature Resources Capital Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 45.1% in the 2nd quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock valued at $44,000 after acquiring an additional 133 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $103.19 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93. The stock’s 50-day moving average price is $103.31 and its 200 day moving average price is $102.87.

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.