iShares 0-5 Year TIPS Bond ETF $STIP Stock: Fortitude Family Office LLC Grows Stake

Fortitude Family Office LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 152.0% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 20,523 shares of the company’s stock after buying an additional 12,378 shares during the quarter. Fortitude Family Office LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,046,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Columbus Macro LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the third quarter. Columbus Macro LLC now owns 103,464 shares of the company’s stock valued at $10,315,000 after purchasing an additional 2,055 shares during the last quarter. Financial Planning Navigators CORP lifted its position in iShares 0-5 Year TIPS Bond ETF by 4.2% during the third quarter. Financial Planning Navigators CORP now owns 94,950 shares of the company’s stock valued at $9,466,000 after purchasing an additional 3,855 shares during the period. Wealth Forward LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $482,000. Focus Financial Network Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. Focus Financial Network Inc. now owns 20,651 shares of the company’s stock worth $2,059,000 after purchasing an additional 2,852 shares during the last quarter. Finally, Liberty Atlantic Advisors LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 21.7% in the third quarter. Liberty Atlantic Advisors LLC now owns 45,516 shares of the company’s stock worth $4,538,000 after purchasing an additional 8,127 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $100.23 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $99.56 and a 12-month high of $104.16. The firm’s 50 day moving average is $100.41 and its 200 day moving average is $101.82.

About iShares 0-5 Year TIPS Bond ETF

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.