RDA Financial Network trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,274 shares of the company’s stock after selling 906 shares during the period. RDA Financial Network’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,469,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in STIP. Northern Trust Corp acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $451,000. TrinityPoint Wealth LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $378,000. Wilshire Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 42.4% during the 4th quarter. Wilshire Advisors LLC now owns 304,072 shares of the company’s stock worth $30,592,000 after acquiring an additional 90,470 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $73,000. Finally, Mackenzie Financial Corp grew its holdings in iShares 0-5 Year TIPS Bond ETF by 14.7% during the 4th quarter. Mackenzie Financial Corp now owns 53,000 shares of the company’s stock worth $5,332,000 after acquiring an additional 6,800 shares in the last quarter.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of STIP stock opened at $103.48 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93. The firm has a fifty day moving average of $103.12 and a two-hundred day moving average of $102.79.
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.
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