NorthCrest Asset Manangement LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 57,805 shares of the company’s stock, valued at approximately $5,736,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aspire Private Capital LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $15,610,560,000. Crewe Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $27,000. Capital Investment Advisory Services LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $28,000. Covestor Ltd purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $33,000. Finally, Riverview Trust Co increased its position in iShares 0-5 Year TIPS Bond ETF by 67.0% during the first quarter. Riverview Trust Co now owns 334 shares of the company’s stock worth $33,000 after purchasing an additional 134 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.0 %
Shares of STIP stock opened at $96.76 on Monday. The firm’s 50-day moving average is $97.93 and its two-hundred day moving average is $97.96. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.04 and a 12 month high of $102.87.
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.
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