89,073 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Acquired by Wolff Financial Management LLC

Wolff Financial Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 89,073 shares of the company’s stock, valued at approximately $8,881,000. iShares 0-5 Year TIPS Bond ETF comprises about 1.8% of Wolff Financial Management LLC’s investment portfolio, making the stock its 14th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valen Private Capital LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $7,142,000. Middleton & Co. Inc. MA boosted its stake in iShares 0-5 Year TIPS Bond ETF by 100.0% in the third quarter. Middleton & Co. Inc. MA now owns 8,201 shares of the company’s stock worth $818,000 after purchasing an additional 4,100 shares in the last quarter. Simplicity Wealth LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 39.1% in the third quarter. Simplicity Wealth LLC now owns 7,775 shares of the company’s stock worth $775,000 after purchasing an additional 2,184 shares in the last quarter. Sowell Financial Services LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.0% during the third quarter. Sowell Financial Services LLC now owns 17,274 shares of the company’s stock worth $1,722,000 after purchasing an additional 664 shares during the last quarter. Finally, Canton Hathaway LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 13.2% during the third quarter. Canton Hathaway LLC now owns 1,973 shares of the company’s stock worth $197,000 after purchasing an additional 230 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $100.90 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $99.56 and a 52 week high of $104.16. The stock’s fifty day moving average is $100.40 and its 200-day moving average is $101.70.

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.