UBS Group AG Sells 7,253 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

UBS Group AG cut its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 259,996 shares of the company’s stock after selling 7,253 shares during the quarter. UBS Group AG owned 0.21% of iShares 0-5 Year TIPS Bond ETF worth $26,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Rossmore Private Capital bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $26,000. Avalon Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $41,000. Rice Partnership LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $42,000. Finally, Semmax Financial Advisors Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $43,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.60 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.98 and a 1 year high of $104.16. The company has a 50 day simple moving average of $103.47 and a two-hundred day simple moving average of $103.03.

iShares 0-5 Year TIPS Bond ETF 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.