Chesley Taft & Associates LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 77.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,632 shares of the company’s stock after purchasing an additional 8,975 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently modified their holdings of the company. Ridgewood Investments LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after acquiring an additional 203 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $177,000. First United Bank & Trust lifted its position in iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares during the period. Coldstream Capital Management Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $200,000. Finally, CWA Asset Management Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $204,000.
iShares 0-5 Year TIPS Bond ETF Stock Performance
STIP stock opened at $101.15 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52. The stock’s fifty day moving average price is $100.75 and its 200-day moving average price is $100.54.
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.
Further Reading
- Five stocks we like better than iShares 0-5 Year TIPS Bond ETF
- What Are Dividend Champions? How to Invest in the Champions
- Intuitive Surgical Leads the Pack in Robotic Surgery Innovation
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Transports Are Trending Higher: It’s a Golden Time to Buy More
- What is the Dow Jones Industrial Average (DJIA)?
- A Hidden Winner in Manufacturing and Energy Set for a Breakout
Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.