10,965 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Bought by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 10,965 shares of the company’s stock, valued at approximately $1,111,000. iShares 0-5 Year TIPS Bond ETF comprises about 1.6% of Hanseatic Management Services Inc.’s portfolio, making the stock its 20th largest position.

A number of other large investors also recently modified their holdings of STIP. Modera Wealth Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 5.9% in the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock valued at $183,551,000 after purchasing an additional 101,437 shares during the period. Ritholtz Wealth Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock worth $153,292,000 after buying an additional 84,443 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 6.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after buying an additional 47,113 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 19.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 716,221 shares of the company’s stock worth $71,214,000 after purchasing an additional 117,423 shares during the last quarter. Finally, Destination Wealth Management increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Destination Wealth Management now owns 688,194 shares of the company’s stock worth $68,468,000 after buying an additional 12,497 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.2 %

Shares of STIP stock opened at $100.69 on Thursday. The company’s 50-day simple moving average is $100.90 and its 200-day simple moving average is $99.95. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.84 and a one year high of $101.52.

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.