iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Kwmg LLC

Kwmg LLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 180,141 shares of the company’s stock after buying an additional 6,182 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 1.3% of Kwmg LLC’s portfolio, making the stock its 23rd largest holding. Kwmg LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $18,403,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in STIP. Chapman Financial Group LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth $26,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $27,000. Caldwell Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $29,000. Kingdom Financial Group LLC. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $29,000. Finally, Torren Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $100.69 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.53 and a twelve month high of $104.16. The firm’s 50-day moving average price is $101.64 and its 200 day moving average price is $102.71.

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.