AlTi Global Inc. trimmed its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 2.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 505,346 shares of the company’s stock after selling 12,492 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.1% of AlTi Global Inc.’s investment portfolio, making the stock its 18th largest holding. AlTi Global Inc. owned 0.35% of iShares 0-5 Year TIPS Bond ETF worth $52,268,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Chapman Financial Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $27,000. Caldwell Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $29,000. Kingdom Financial Group LLC. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $29,000. Finally, Torren Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $41,000.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of NYSEARCA STIP opened at $101.44 on Monday. The business has a 50-day moving average of $102.37 and a 200-day moving average of $102.86. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.11 and a fifty-two week high of $104.16.
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.
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