Peak Financial Management Inc. Sells 609 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Peak Financial Management Inc. cut its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,039 shares of the company’s stock after selling 609 shares during the period. Peak Financial Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,474,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. HHM Wealth Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter worth $28,000. Cape Investment Advisory Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the first 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 boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 34.0% during the first 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 boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the first 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 boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 45.1% during the second 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

STIP stock opened at $103.26 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93. The company has a 50-day moving average of $103.33 and a two-hundred day moving average of $102.89.

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.