Arcadia Investment Management Corp MI Sells 425 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Arcadia Investment Management Corp MI trimmed its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 55.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 345 shares of the company’s stock after selling 425 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Norden Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $218,149,000. Financial Gravity Asset Management Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 2,326.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock valued at $180,182,000 after buying an additional 1,607,982 shares during the period. Ritholtz Wealth Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 11.0% in the 4th quarter. Ritholtz Wealth Management now owns 1,259,063 shares of the company’s stock worth $124,131,000 after acquiring an additional 124,715 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock worth $114,230,000 after acquiring an additional 95,493 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 693,368 shares of the company’s stock valued at $68,359,000 after acquiring an additional 20,963 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2 %

NYSEARCA STIP traded up $0.17 on Thursday, reaching $99.18. 1,249,578 shares of the stock traded hands, compared to its average volume of 545,355. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $99.52. The company has a fifty day moving average price of $99.21 and a 200-day moving average price of $98.50.

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.