Charles Schwab Investment Management Inc. Sells 46,637 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Charles Schwab Investment Management Inc. decreased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,213,716 shares of the company’s stock after selling 46,637 shares during the period. Charles Schwab Investment Management Inc. owned 3.52% of iShares 0-5 Year TIPS Bond ETF worth $411,240,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. FMR LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 12.8% during the first quarter. FMR LLC now owns 16,191,442 shares of the company’s stock worth $1,606,677,000 after buying an additional 1,837,714 shares during the last quarter. Jane Street Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 191.8% during the fourth quarter. Jane Street Group LLC now owns 6,548,745 shares of the company’s stock worth $634,966,000 after buying an additional 4,304,421 shares during the last quarter. Portside Wealth Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $259,202,000. Empower Advisory Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at about $262,424,000. Finally, Tiedemann Advisors LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 11.4% during the 2nd quarter. Tiedemann Advisors LLC now owns 2,351,945 shares of the company’s stock valued at $229,550,000 after purchasing an additional 240,051 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.2 %

NYSEARCA:STIP opened at $97.15 on Thursday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.66. The business’s 50-day simple moving average is $97.01 and its 200-day simple moving average is $97.39.

iShares 0-5 Year TIPS Bond ETF Company 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.