H&H Retirement Design & Management INC Sells 407 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

H&H Retirement Design & Management INC trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,778 shares of the company’s stock after selling 407 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.1% of H&H Retirement Design & Management INC’s investment portfolio, making the stock its 21st largest holding. H&H Retirement Design & Management INC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,621,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of STIP. Brooklyn FI LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6,349.4% in the fourth quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after purchasing an additional 1,196,170 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 459,144.4% in the fourth quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after purchasing an additional 578,522 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $44,239,000. Raymond James Financial Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $40,443,000. Finally, FMR LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.7% in the fourth quarter. FMR LLC now owns 3,308,805 shares of the company’s stock valued at $332,866,000 after acquiring an additional 293,457 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%

NYSEARCA:STIP opened at $102.56 on Friday. The stock’s 50-day simple moving average is $102.54 and its 200 day simple moving average is $101.99. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.95 and a 52-week high of $103.61.

iShares 0-5 Year TIPS Bond ETF 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.