Goldman Sachs Group Inc. Decreases Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Goldman Sachs Group Inc. cut its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 31.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,257 shares of the company’s stock after selling 21,888 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $4,890,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Capital Investment Advisory Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after purchasing an additional 97 shares during the last quarter. Adams Wealth Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.8% during the 1st quarter. Adams Wealth Management now owns 3,766 shares of the company’s stock worth $390,000 after acquiring an additional 102 shares during the period. CacheTech Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.8% during the 1st quarter. CacheTech Inc. now owns 3,766 shares of the company’s stock worth $390,000 after acquiring an additional 102 shares during the period. Breakwater Investment Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% during the 1st quarter. Breakwater Investment Management now owns 12,003 shares of the company’s stock worth $1,242,000 after acquiring an additional 110 shares during the period. Finally, Passive Capital Management LLC. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the 1st quarter. Passive Capital Management LLC. now owns 31,592 shares of the company’s stock worth $3,269,000 after acquiring an additional 145 shares during the period.

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

STIP stock opened at $103.59 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93. The stock has a fifty day moving average of $103.16 and a 200-day moving average of $102.81.

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.