Mustico Financial Group Inc. trimmed its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 20.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 23,795 shares of the company’s stock after selling 5,958 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 1.5% of Mustico Financial Group Inc.’s holdings, making the stock its 9th biggest holding. Mustico Financial Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,472,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the business. BIP Wealth LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.9% in the 4th quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock valued at $15,011,000 after acquiring an additional 6,861 shares during the period. Maseco LLP raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after acquiring an additional 46,249 shares in the last quarter. Investment Partners Asset Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 35.7% in the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock worth $2,724,000 after acquiring an additional 6,996 shares in the last quarter. Brooklyn FI LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 27.7% during the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock worth $3,549,000 after purchasing an additional 7,529 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%
Shares of STIP stock opened at $101.23 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.11 and a 1-year high of $104.16. The stock’s 50-day moving average is $102.14 and its 200 day moving average is $102.82.
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.
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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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