DMC Group LLC Acquires 2,283 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

DMC Group LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 11.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,317 shares of the company’s stock after acquiring an additional 2,283 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.8% of DMC Group LLC’s investment portfolio, making the stock its 10th largest position. DMC Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,297,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. HHM Wealth Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $28,000. Cape Investment Advisory Inc. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after acquiring an additional 353 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% in the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after acquiring an additional 97 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after acquiring an additional 389 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 45.1% during the second quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after buying an additional 133 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $103.27 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93. The firm’s 50-day moving average price is $103.33 and its two-hundred day moving average price is $102.88.

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.