Galvin Gaustad & Stein LLC Has $13.26 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Galvin Gaustad & Stein LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,782 shares of the company’s stock after acquiring an additional 1,470 shares during the period. Galvin Gaustad & Stein LLC owned approximately 0.16% of iShares 0-5 Year TIPS Bond ETF worth $13,257,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of STIP. Prism Advisors Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.6% during the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after buying an additional 111 shares during the period. First PREMIER Bank raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.0% during the 4th quarter. First PREMIER Bank now owns 13,279 shares of the company’s stock worth $1,336,000 after buying an additional 134 shares during the period. Physician Wealth Advisors Inc. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 0.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock worth $2,990,000 after buying an additional 141 shares during the period. Capasso Planning Partners LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 0.9% during the 3rd quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after buying an additional 142 shares during the period. Finally, FC Advisory LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.1% during the 4th quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock worth $496,000 after buying an additional 147 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $101.04 on Thursday. The company’s 50 day moving average price is $100.77 and its two-hundred day moving average price is $100.56. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.52.

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.