Flputnam Investment Management Co. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 6.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 862,244 shares of the company’s stock after acquiring an additional 53,436 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 1.3% of Flputnam Investment Management Co.’s investment portfolio, making the stock its 14th biggest holding. Flputnam Investment Management Co. owned approximately 0.68% of iShares 0-5 Year TIPS Bond ETF worth $89,122,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Sharkey Howes & Javer boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 21.8% in the third quarter. Sharkey Howes & Javer now owns 27,907 shares of the company’s stock valued at $2,884,000 after purchasing an additional 4,988 shares during the last quarter. Quotient Wealth Partners LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 6.0% during the 3rd quarter. Quotient Wealth Partners LLC now owns 984,113 shares of the company’s stock worth $101,718,000 after purchasing an additional 55,973 shares during the last quarter. Focus Financial Network Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.9% in the 3rd quarter. Focus Financial Network Inc. now owns 11,559 shares of the company’s stock valued at $1,195,000 after purchasing an additional 944 shares in the last quarter. CGN Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 40.9% during the 3rd quarter. CGN Advisors LLC now owns 19,703 shares of the company’s stock valued at $2,036,000 after buying an additional 5,721 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 11.8% during the third quarter. AdvisorNet Financial Inc now owns 2,526 shares of the company’s stock worth $261,000 after buying an additional 267 shares in the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of NYSEARCA:STIP opened at $102.32 on Friday. The company has a fifty day simple moving average of $102.98 and a 200 day simple moving average of $102.99. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.29 and a 12-month high of $103.93.
iShares 0-5 Year TIPS Bond ETF Profile
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.
Further Reading
- Five stocks we like better than iShares 0-5 Year TIPS Bond ETF
- What is the FTSE 100 index?
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- What is the Dow Jones Industrial Average (DJIA)?
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- What is a support level?
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
