Bridge Generations Wealth Management LLC Grows Position in iShares 0-5 Year TIPS Bond ETF $STIP

Bridge Generations Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 345.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,894 shares of the company’s stock after acquiring an additional 11,554 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 0.9% of Bridge Generations Wealth Management LLC’s portfolio, making the stock its 22nd largest position. Bridge Generations Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,525,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of STIP. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth $26,000. Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Kingdom Financial Group LLC. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Avalon Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $41,000. Finally, Torren Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.56 on Tuesday. The stock has a fifty day moving average of $103.50 and a two-hundred day moving average of $103.06. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.98 and a fifty-two week high of $104.16.

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.