iShares 0-5 Year TIPS Bond ETF $STIP is Friedenthal Financial’s 7th Largest Position

Friedenthal Financial lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 47,049 shares of the company’s stock after purchasing an additional 2,873 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 2.7% of Friedenthal Financial’s holdings, making the stock its 7th largest position. Friedenthal Financial’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $4,842,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. DMC Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 11.4% in the second quarter. DMC Group LLC now owns 22,317 shares of the company’s stock valued at $2,297,000 after acquiring an additional 2,283 shares during the last quarter. Prasad Wealth Partners LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $10,510,000. Roundview Capital LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 18.0% in the second quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock valued at $1,905,000 after acquiring an additional 2,819 shares during the last quarter. True Vision MN LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $1,282,000. Finally, Tyche Wealth Partners LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 254.1% in the second quarter. Tyche Wealth Partners LLC now owns 7,670 shares of the company’s stock valued at $789,000 after acquiring an additional 5,504 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $103.27 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93. The firm has a fifty day moving average price of $103.33 and a 200 day moving average price of $102.88.

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.