520 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Acquired by Bradley & Co. Private Wealth Management LLC

Bradley & Co. Private Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, HoldingsChannel.com reports. The fund bought 520 shares of the company’s stock, valued at approximately $52,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Pflug Koory LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares in the last quarter. Ridgewood Investments LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after buying an additional 203 shares during the last quarter. Peterson Financial Group Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $177,000. First United Bank & Trust increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $200,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $102.20 on Wednesday. The stock’s 50 day simple moving average is $101.14 and its 200 day simple moving average is $100.91. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.53 and a 12-month high of $102.30.

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.