Talon Private Wealth LLC Buys New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Talon Private Wealth LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 110,494 shares of the company’s stock, valued at approximately $11,428,000. iShares 0-5 Year TIPS Bond ETF makes up 1.5% of Talon Private Wealth LLC’s investment portfolio, making the stock its 14th largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after purchasing an additional 112 shares in the last quarter. United Asset Strategies Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% in the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock worth $682,000 after buying an additional 119 shares in the last quarter. Breakwater Capital Group grew its position in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after acquiring an additional 120 shares during the last quarter. Running Point Capital Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 36.9% during the fourth quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after acquiring an additional 121 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock valued at $3,085,000 after acquiring an additional 122 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $101.18 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.10 and a one year high of $104.16. The company’s 50 day moving average price is $102.05 and its two-hundred day moving average price is $102.80.

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.