Forefront Analytics LLC Acquires 8,508 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Forefront Analytics LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 51.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,897 shares of the company’s stock after acquiring an additional 8,508 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 1.2% of Forefront Analytics LLC’s investment portfolio, making the stock its 26th biggest position. Forefront Analytics LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,505,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 9.7% in the 4th quarter. FMR LLC now owns 3,308,805 shares of the company’s stock valued at $332,866,000 after buying an additional 293,457 shares during the last quarter. Modera Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% during the 4th quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock valued at $190,564,000 after acquiring an additional 82,678 shares during the last quarter. Ritholtz Wealth Management boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% in the 4th quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock worth $158,158,000 after purchasing an additional 59,199 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.2% during the fourth quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock worth $154,820,000 after purchasing an additional 75,531 shares during the period. Finally, 3EDGE Asset Management LP increased its holdings in iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after purchasing an additional 770,017 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $102.67 on Friday. The firm has a 50 day moving average price of $102.78 and a 200 day moving average price of $101.66. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.84 and a 52-week high of $103.61.

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.