iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Sold by Synovus Financial Corp

Synovus Financial Corp decreased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 18.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,200 shares of the company’s stock after selling 1,379 shares during the quarter. Synovus Financial Corp’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $624,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Coldstream Capital Management Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $200,000. Destination Wealth Management increased its holdings in iShares 0-5 Year TIPS Bond ETF by 3.2% in the 3rd quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock worth $71,982,000 after acquiring an additional 22,251 shares in the last quarter. Tidal Investments LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 27.9% during the third quarter. Tidal Investments LLC now owns 30,299 shares of the company’s stock worth $3,068,000 after acquiring an additional 6,610 shares during the period. Capasso Planning Partners LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock valued at $1,533,000 after purchasing an additional 142 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after purchasing an additional 6,480 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

NYSEARCA:STIP opened at $102.57 on Thursday. The stock has a 50 day moving average of $102.49 and a two-hundred day moving average of $101.44. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.53 and a 12 month high of $103.61.

iShares 0-5 Year TIPS Bond ETF 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.