Sowell Financial Services LLC Has $1.09 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Sowell Financial Services LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,810 shares of the company’s stock after purchasing an additional 407 shares during the period. Sowell Financial Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,088,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STIP. Pflug Koory LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $52,000. Providence First Trust Co bought a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $75,000. Ridgewood Investments LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $177,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $102.64 on Tuesday. The company’s 50 day moving average is $101.48 and its 200-day moving average is $101.04. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.53 and a 1-year high of $102.90.

iShares 0-5 Year TIPS Bond ETF Company 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.

See Also

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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