Townsquare Capital LLC Sells 181,030 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Townsquare Capital LLC lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 63.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,465 shares of the company’s stock after selling 181,030 shares during the quarter. Townsquare Capital LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $10,686,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Cerity Partners LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.9% in the third quarter. Cerity Partners LLC now owns 482,404 shares of the company’s stock valued at $48,702,000 after purchasing an additional 13,725 shares in the last quarter. Alesco Advisors LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.7% in the third quarter. Alesco Advisors LLC now owns 105,568 shares of the company’s stock valued at $10,696,000 after buying an additional 1,743 shares during the period. Nwam LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $1,083,000. Altiora Financial Group LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. Altiora Financial Group LLC now owns 46,378 shares of the company’s stock worth $4,699,000 after buying an additional 585 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after purchasing an additional 201,769 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $100.97 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $97.36 and a 52 week high of $101.52. The company’s 50-day simple moving average is $100.92 and its 200 day simple moving average is $100.12.

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.