Sigma Investment Counselors Inc. Grows Position in iShares 0-5 Year TIPS Bond ETF $STIP

Sigma Investment Counselors Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 400,463 shares of the company’s stock after acquiring an additional 8,097 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises about 2.1% of Sigma Investment Counselors Inc.’s investment portfolio, making the stock its 7th largest holding. Sigma Investment Counselors Inc. owned approximately 0.33% of iShares 0-5 Year TIPS Bond ETF worth $41,003,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Meridian Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 2.2% during the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock worth $476,000 after acquiring an additional 101 shares during the period. Blue Edge Capital LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 2.4% during the third quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock worth $496,000 after acquiring an additional 112 shares during the period. Parallel Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after acquiring an additional 112 shares during the period. Gilliland Jeter Wealth Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 1.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 10,210 shares of the company’s stock valued at $1,055,000 after buying an additional 115 shares during the period. Finally, BWM Planning LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 2.0% in the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after buying an additional 118 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $103.46 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16. The company’s 50-day moving average price is $103.46 and its two-hundred day moving average price is $103.03.

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.