iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 900,987 shares of the company’s stock after buying an additional 60,756 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 6.9% of Tortoise Investment Management LLC’s portfolio, making the stock its 2nd biggest position. Tortoise Investment Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $92,045,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Buttonwood Financial Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock valued at $613,000 after acquiring an additional 108 shares during the last quarter. Parallel Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after buying an additional 112 shares during the period. United Asset Strategies Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 1.8% during the first quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after acquiring an additional 119 shares during the last quarter. Breakwater Capital Group boosted its position in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after acquiring an additional 120 shares during the last quarter. Finally, Running Point Capital Advisors LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 36.9% during the 4th quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock worth $46,000 after acquiring an additional 121 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.79 on Thursday. The business’s 50-day moving average is $101.01 and its 200-day moving average is $102.39. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.53 and a 1 year high of $104.16.

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.