Haverford Trust Co Increases Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Haverford Trust Co grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 592,789 shares of the company’s stock after acquiring an additional 12,326 shares during the quarter. Haverford Trust Co’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $59,635,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after buying an additional 6,480 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 60.9% in the fourth quarter. Principal Financial Group Inc. now owns 16,445 shares of the company’s stock valued at $1,654,000 after purchasing an additional 6,225 shares during the period. IHT Wealth Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 79.3% during the third quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after purchasing an additional 7,048 shares during the last quarter. First United Bank & Trust raised its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% during the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 99.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock valued at $20,190,000 after purchasing an additional 99,455 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $102.89 on Monday. The company has a 50 day simple moving average of $101.88 and a 200-day simple moving average of $101.20. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.53 and a 1 year high of $102.98.

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.