HBW Advisory Services LLC Has $2.33 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

HBW Advisory Services LLC reduced its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 28.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,167 shares of the company’s stock after selling 9,022 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,331,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after acquiring an additional 201,769 shares in the last quarter. Brookstone Capital Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the third quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after purchasing an additional 181,396 shares during the period. Victory Capital Management Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 57.1% in the third quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares in the last quarter. Modera Wealth Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after purchasing an additional 101,437 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after purchasing an additional 99,455 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP traded down $0.12 during trading hours on Friday, hitting $100.63. The stock had a trading volume of 357,888 shares, compared to its average volume of 382,543. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.52. The firm has a 50 day simple moving average of $100.71 and a 200-day simple moving average of $100.44.

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.