Beckerman Institutional LLC Buys 1,670 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Beckerman Institutional LLC raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 27,154 shares of the company’s stock after acquiring an additional 1,670 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.9% of Beckerman Institutional LLC’s holdings, making the stock its 14th largest position. Beckerman Institutional LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,794,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LGT Financial Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $26,000. HHM Wealth Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at approximately $28,000. Cape Investment Advisory Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after purchasing an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 34.0% in the first quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after purchasing an additional 97 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after purchasing an additional 389 shares during the last quarter.

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

Shares of STIP stock opened at $102.86 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93. The stock has a 50 day moving average price of $103.41 and a two-hundred day moving average price of $102.96.

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.