iShares 0-5 Year TIPS Bond ETF $STIP Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 71.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 142,547 shares of the company’s stock after selling 360,498 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,944,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of STIP. EverSource Wealth Advisors LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after acquiring an additional 123 shares during the last quarter. State Street Corp lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock valued at $66,063,000 after acquiring an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $285,000. Diversify Advisory Services LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock valued at $669,000 after acquiring an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after acquiring an additional 121,311 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $103.40 on Thursday. The company’s fifty day moving average is $103.52 and its two-hundred day moving average is $103.04. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.98 and a 12-month high of $104.16.

iShares 0-5 Year TIPS Bond ETF Profile

(Free Report)

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:STIPFree Report).

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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