Maltin Wealth Management Inc. Increases Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Maltin Wealth Management Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 288.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,170 shares of the company’s stock after purchasing an additional 9,781 shares during the quarter. Maltin Wealth Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,298,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STIP. Aspire Private Capital LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $15,610,560,000. SkyView Investment Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $25,000. North Star Investment Management Corp. grew its stake in iShares 0-5 Year TIPS Bond ETF by 153.0% during the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after purchasing an additional 153 shares in the last quarter. Farmers & Merchants Investments Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $26,000. Finally, Delos Wealth Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $29,000.

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

Shares of NYSEARCA:STIP traded up $0.10 on Wednesday, hitting $99.47. 502,235 shares of the company’s stock were exchanged, compared to its average volume of 518,537. The firm’s 50-day moving average is $98.85 and its 200 day moving average is $98.00. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $96.27 and a 1-year high of $99.66.

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.