Creative Financial Designs Inc. ADV Increases Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Creative Financial Designs Inc. ADV raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,830 shares of the company’s stock after purchasing an additional 2,467 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,894,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of STIP. 3EDGE Asset Management LP boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after buying an additional 770,017 shares in the last quarter. Assetmark Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 459,144.4% in the fourth quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock valued at $58,212,000 after buying an additional 578,522 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $44,239,000. Raymond James Financial Inc. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $40,443,000. Finally, Flputnam Investment Management Co. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 55.4% in the fourth quarter. Flputnam Investment Management Co. now owns 705,873 shares of the company’s stock valued at $71,011,000 after buying an additional 251,606 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0 %

Shares of STIP stock opened at $102.43 on Tuesday. The stock has a fifty day moving average price of $101.71 and a 200 day moving average price of $101.14. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $102.90.

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.