SoundView Advisors Inc. Makes New $21.53 Million Investment in iShares 0-5 Year TIPS Bond ETF $STIP

SoundView Advisors Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 210,264 shares of the company’s stock, valued at approximately $21,528,000. iShares 0-5 Year TIPS Bond ETF comprises approximately 7.5% of SoundView Advisors Inc.’s investment portfolio, making the stock its 6th largest holding.

Other hedge funds have also made changes to their positions in the company. BIP Wealth LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.9% in the fourth quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock valued at $15,011,000 after purchasing an additional 6,861 shares during the last quarter. Brooklyn FI LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 27.7% in the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after buying an additional 7,529 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 66.1% in the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after buying an additional 293,986 shares in the last quarter. Ethos Capital Management Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $11,128,000. Finally, Maseco LLP increased its position in iShares 0-5 Year TIPS Bond ETF by 6.7% during the fourth quarter. Maseco LLP now owns 733,508 shares of the company’s stock worth $75,100,000 after buying an additional 46,249 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $103.32 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.98 and a fifty-two week high of $104.16. The business has a fifty day moving average of $103.52 and a 200-day moving average of $103.04.

iShares 0-5 Year TIPS Bond ETF Company 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.