Stadion Money Management LLC Purchases 54,867 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Stadion Money Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 43.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 180,229 shares of the company’s stock after acquiring an additional 54,867 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 1.5% of Stadion Money Management LLC’s portfolio, making the stock its 16th largest holding. Stadion Money Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $18,454,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in STIP. Adventist Health System Sunbelt Healthcare Corp bought a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $74,745,000. Bank of America Corp DE increased its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after acquiring an additional 671,145 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after acquiring an additional 305,961 shares during the last quarter. Jane Street Group LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 4,062.8% in the fourth quarter. Jane Street Group LLC now owns 301,594 shares of the company’s stock valued at $30,880,000 after acquiring an additional 294,349 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 66.1% in the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after acquiring an additional 293,986 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $102.33 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $102.17 and a 52 week high of $104.16. The business’s fifty day simple moving average is $103.32 and its 200 day simple moving average is $103.02.

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.