Ridgewood Investments LLC Acquires 203 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ridgewood Investments LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 33.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 818 shares of the company’s stock after purchasing an additional 203 shares during the quarter. Ridgewood Investments LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $82,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Modera Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after purchasing an additional 101,437 shares during the period. Ritholtz Wealth Management increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.9% in the third quarter. Ritholtz Wealth Management now owns 1,512,948 shares of the company’s stock valued at $153,292,000 after acquiring an additional 84,443 shares during the last quarter. LPL Financial LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock valued at $148,276,000 after acquiring an additional 201,769 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 6.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 807,384 shares of the company’s stock valued at $80,327,000 after acquiring an additional 47,113 shares during the last quarter. Finally, Destination Wealth Management increased its stake in iShares 0-5 Year TIPS Bond ETF by 3.2% in the third quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock valued at $71,982,000 after acquiring an additional 22,251 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.63 on Friday. The company’s 50 day simple moving average is $100.71 and its 200 day simple moving average is $100.44. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52.

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.