Aveo Capital Partners LLC Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Aveo Capital Partners LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,114 shares of the company’s stock, valued at approximately $514,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after purchasing an additional 6,480 shares during the last quarter. IHT Wealth Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 79.3% in the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock valued at $1,615,000 after purchasing an additional 7,048 shares in the last quarter. First United Bank & Trust raised its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after purchasing an additional 308 shares in the last quarter. Lutz Financial Services LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 29.2% in the third quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock valued at $5,480,000 after purchasing an additional 12,210 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 10,049.6% in the third quarter. International Assets Investment Management LLC now owns 11,469 shares of the company’s stock valued at $1,162,000 after purchasing an additional 11,356 shares in the last quarter.

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

Shares of STIP opened at $101.78 on Friday. The firm’s 50 day simple moving average is $100.99 and its 200 day simple moving average is $100.80. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.49 and a 1-year high of $101.85.

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.