Kestra Investment Management LLC Buys 24,177 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Kestra Investment Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 13.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 206,700 shares of the company’s stock after acquiring an additional 24,177 shares during the period. Kestra Investment Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $21,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $26,000. Caldwell Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Avalon Trust Co purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $41,000. Finally, Torren Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $103.28 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 week high of $104.16. The company has a 50-day moving average price of $103.52 and a 200-day moving average price of $103.04.

About iShares 0-5 Year TIPS Bond ETF

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.