Evelyn Partners Investment Management LLP Buys 5,643 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Evelyn Partners Investment Management LLP boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 42.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,825 shares of the company’s stock after buying an additional 5,643 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,927,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STIP. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $26,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $27,000. Caldwell Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Finally, Avalon Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $41,000.

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

Shares of STIP opened at $102.38 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $102.12 and a 1-year high of $104.16. The company has a 50-day moving average of $103.36 and a 200 day moving average of $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.