iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Boltwood Capital Management
by Tristan Rich · The Markets DailyBoltwood Capital Management grew its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 185.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,575 shares of the company’s stock after purchasing an additional 61,435 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 2.1% of Boltwood Capital Management’s investment portfolio, making the stock its 12th largest position. Boltwood Capital Management owned approximately 0.06% of iShares 0-5 Year TIPS Bond ETF worth $9,429,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in STIP. Beacon Financial Strategies CORP purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $38,000. Retirement Wealth Solutions LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after buying an additional 247 shares during the last quarter. Signature Resources Capital Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 43.0% during the 1st quarter. Signature Resources Capital Management LLC now owns 941 shares of the company’s stock valued at $97,000 after buying an additional 283 shares during the last quarter. JFS Wealth Advisors LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 6,393.8% during the second quarter. JFS Wealth Advisors LLC now owns 1,039 shares of the company’s stock worth $106,000 after buying an additional 1,023 shares in the last quarter. Finally, Highland Investment Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth approximately $112,000.
iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%
Shares of NYSEARCA:STIP traded down $0.11 during midday trading on Friday, reaching $99.92. The company had a trading volume of 1,111,666 shares, compared to its average volume of 1,186,488. The stock’s fifty day moving average price is $100.58 and its 200-day moving average price is $102.02. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year high of $104.16.
iShares 0-5 Year TIPS Bond ETF Company 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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