BNP Paribas Arbitrage SA Takes $6.58 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

BNP Paribas Arbitrage SA bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPGet Rating) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 62,106 shares of the company’s stock, valued at approximately $6,576,000. BNP Paribas Arbitrage SA owned about 0.07% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Altfest L J & Co. Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 45.5% during the 4th quarter. Altfest L J & Co. Inc. now owns 595,832 shares of the company’s stock valued at $63,087,000 after purchasing an additional 186,245 shares during the period. MML Investors Services LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 334.5% during the 3rd quarter. MML Investors Services LLC now owns 93,924 shares of the company’s stock valued at $9,921,000 after purchasing an additional 72,306 shares during the period. HighTower Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 16.3% during the 3rd quarter. HighTower Advisors LLC now owns 333,881 shares of the company’s stock valued at $35,281,000 after purchasing an additional 46,758 shares during the period. DB Wealth Management Group LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 3.1% during the 4th quarter. DB Wealth Management Group LLC now owns 17,789 shares of the company’s stock valued at $1,884,000 after purchasing an additional 529 shares during the period. Finally, Wealth Management Solutions LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $273,000.

STIP stock opened at $103.46 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $102.65 and a fifty-two week high of $107.15. The business’s 50 day moving average price is $104.64 and its two-hundred day moving average price is $105.23.

Further Reading

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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