iShares 0-5 Year TIPS Bond ETF $STIP Stake Raised by Austin Asset Management Co Inc

Austin Asset Management Co Inc increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 276,603 shares of the company’s stock after buying an additional 4,348 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 5.8% of Austin Asset Management Co Inc’s investment portfolio, making the stock its 5th biggest position. Austin Asset Management Co Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $28,465,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Capital Investment Advisory Services LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after purchasing an additional 97 shares during the last quarter. Adams Wealth Management raised its stake in iShares 0-5 Year TIPS Bond ETF by 2.8% in the 1st quarter. Adams Wealth Management now owns 3,766 shares of the company’s stock worth $390,000 after acquiring an additional 102 shares during the last quarter. CacheTech Inc. raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.8% during the 1st quarter. CacheTech Inc. now owns 3,766 shares of the company’s stock valued at $390,000 after buying an additional 102 shares during the last quarter. Breakwater Investment Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% during the 1st quarter. Breakwater Investment Management now owns 12,003 shares of the company’s stock valued at $1,242,000 after buying an additional 110 shares during the last quarter. Finally, Kings Path Partners LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.4% during the 2nd quarter. Kings Path Partners LLC now owns 872 shares of the company’s stock valued at $90,000 after buying an additional 110 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $103.26 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.13 and a 52 week high of $103.93. The stock’s 50-day moving average price is $103.33 and its 200-day moving average price is $102.89.

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.