Composition Wealth LLC Raises Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Composition Wealth LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 301,332 shares of the company’s stock after acquiring an additional 7,031 shares during the quarter. Composition Wealth LLC owned approximately 0.25% of iShares 0-5 Year TIPS Bond ETF worth $30,853,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $26,000. Rossmore Private Capital purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $26,000. Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Avalon Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $41,000. Finally, Rice Partnership LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $42,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $103.66 on Friday. The company’s 50-day simple moving average is $103.44 and its two-hundred day simple moving average is $103.03. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.98 and a one year high of $104.16.

iShares 0-5 Year TIPS Bond ETF 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.