HBK Sorce Advisory LLC Purchases New Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

HBK Sorce Advisory LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 7,490 shares of the company’s stock, valued at approximately $773,000.

Several other institutional investors have also recently made changes to their positions in STIP. LGT Financial Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. Cape Investment Advisory Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after acquiring an additional 353 shares during the period. Smartleaf Asset Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after acquiring an additional 389 shares during the period. Finally, Quaker Wealth Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after purchasing an additional 840 shares during the last quarter.

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

Shares of STIP stock opened at $102.31 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.34 and a 52-week high of $103.93. The firm’s 50-day moving average is $102.91 and its 200-day moving average is $102.99.

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.