BNP Paribas Financial Markets Has $21.65 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

BNP Paribas Financial Markets increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 19,412.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 215,220 shares of the company’s stock after purchasing an additional 214,117 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares 0-5 Year TIPS Bond ETF were worth $21,651,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brooklyn FI LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6,349.4% in the fourth quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock valued at $122,469,000 after purchasing an additional 1,196,170 shares in the last quarter. 3EDGE Asset Management LP increased its stake in iShares 0-5 Year TIPS Bond ETF by 156.7% in the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after buying an additional 770,017 shares during the last quarter. Assetmark Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 459,144.4% during the 4th quarter. Assetmark Inc. now owns 578,648 shares of the company’s stock worth $58,212,000 after buying an additional 578,522 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $44,239,000. Finally, Raymond James Financial Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $40,443,000.

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

STIP opened at $102.67 on Friday. The business’s 50-day simple moving average is $102.78 and its 200 day simple moving average is $101.66. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.84 and a 52-week high of $103.61.

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.