iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Wealthcare Capital Management LLC

Wealthcare Capital Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 860,058 shares of the company’s stock after buying an additional 28,572 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 8.7% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Wealthcare Capital Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $88,061,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of STIP. Rossmore Private Capital purchased a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $26,000. Trust Co. of Vermont purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $32,000. Avalon Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth $41,000. Finally, Rice Partnership LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth $42,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $103.31 on Friday. The company’s fifty day simple moving average is $103.12 and its 200-day simple moving average is $102.98. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.67 and a 52 week high of $103.93.

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.