Hershey Financial Advisers LLC Makes New Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Hershey Financial Advisers LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 37,673 shares of the company’s stock, valued at approximately $3,897,000. iShares 0-5 Year TIPS Bond ETF comprises about 3.4% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 5th largest position.

A number of other institutional investors have also modified their holdings of the stock. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $27,000. Caldwell Trust Co bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $29,000. Kingdom Financial Group LLC. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $29,000. Finally, Torren Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

Shares of NYSEARCA STIP opened at $101.44 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.11 and a twelve month high of $104.16. The business has a 50 day simple moving average of $102.37 and a 200-day simple moving average of $102.86.

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.