Bank of Montreal Can Acquires 15,848 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Bank of Montreal Can increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 482.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,133 shares of the company’s stock after purchasing an additional 15,848 shares during the period. Bank of Montreal Can’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,969,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. MMA Asset Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $484,000. Sigma Planning Corp boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.5% during the second quarter. Sigma Planning Corp now owns 23,510 shares of the company’s stock worth $2,419,000 after acquiring an additional 1,444 shares during the last quarter. Gould Asset Management LLC CA grew its stake in iShares 0-5 Year TIPS Bond ETF by 15.2% during the second quarter. Gould Asset Management LLC CA now owns 360,069 shares of the company’s stock valued at $37,055,000 after acquiring an additional 47,407 shares in the last quarter. Avant Financial Advisors LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 2.3% during the second quarter. Avant Financial Advisors LLC now owns 5,244 shares of the company’s stock valued at $540,000 after acquiring an additional 119 shares in the last quarter. Finally, Integrity Alliance LLC. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 318.1% in the 2nd quarter. Integrity Alliance LLC. now owns 13,842 shares of the company’s stock valued at $1,424,000 after acquiring an additional 10,531 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of STIP stock opened at $102.88 on Friday. The company’s fifty day simple moving average is $103.30 and its two-hundred day simple moving average is $102.95. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.13 and a 52 week high of $103.93.

About iShares 0-5 Year TIPS Bond ETF

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.