J. W. Coons Advisors LLC Grows Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

J. W. Coons Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 73.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,560 shares of the company’s stock after buying an additional 1,930 shares during the quarter. J. W. Coons Advisors LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $459,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. Pflug Koory LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. Ridgewood Investments LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after buying an additional 203 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth 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 worth $193,000 after buying an additional 308 shares in the last quarter. Finally, Coldstream Capital Management Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $200,000.

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

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.00 on Monday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.49 and a one year high of $102.06. The business’s 50 day moving average price is $101.08 and its 200 day moving average price is $100.87.

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.