Virginia National Bank Sells 213 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Virginia National Bank lowered its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,446 shares of the company’s stock after selling 213 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 2.5% of Virginia National Bank’s holdings, making the stock its 15th biggest holding. Virginia National Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $727,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 12.8% during the 1st quarter. FMR LLC now owns 16,191,442 shares of the company’s stock worth $1,606,677,000 after acquiring an additional 1,837,714 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 191.8% in the 4th quarter. Jane Street Group LLC now owns 6,548,745 shares of the company’s stock valued at $634,966,000 after purchasing an additional 4,304,421 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $447,256,000. Empower Advisory Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at about $262,424,000. Finally, Personal Capital Advisors Corp boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the 4th quarter. Personal Capital Advisors Corp now owns 2,472,558 shares of the company’s stock valued at $239,739,000 after purchasing an additional 44,036 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0 %

Shares of NYSEARCA STIP traded down $0.01 during mid-day trading on Friday, hitting $97.29. The company’s stock had a trading volume of 71,081 shares, compared to its average volume of 1,041,198. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.04 and a one year high of $99.66. The company’s fifty day simple moving average is $97.20 and its 200-day simple moving average is $97.88.

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.