Ascent Group LLC Lowers Position in iShares 0-5 Year TIPS Bond ETF $STIP

Ascent Group LLC reduced its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 79,625 shares of the company’s stock after selling 6,217 shares during the quarter. Ascent Group LLC owned about 0.06% of iShares 0-5 Year TIPS Bond ETF worth $8,153,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rossmore Private Capital purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $26,000. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $26,000. Trust Co. of Vermont acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $32,000. Avalon Trust Co acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $41,000. Finally, Rice Partnership LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.31 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 year high of $103.93. The stock has a 50-day simple moving average of $103.12 and a 200-day simple moving average of $102.98.

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.