iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Stock Holdings Trimmed by Sharper & Granite LLC

Sharper & Granite LLC decreased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 22.2% in the 4th quarter, HoldingsChannel reports. The firm owned 14,895 shares of the company’s stock after selling 4,250 shares during the quarter. Sharper & Granite LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,498,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of STIP. Ridgewood Investments LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after purchasing an additional 203 shares during the period. Peterson Financial Group Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $177,000. Coldstream Capital Management Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $200,000. CWA Asset Management Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at about $204,000. Finally, W.H. Cornerstone Investments Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $205,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $100.72 on Tuesday. The firm has a 50-day moving average of $100.71 and a two-hundred day moving average of $100.47. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.36 and a twelve month high of $101.52.

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.