Norden Group LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 113.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,865 shares of the company’s stock after acquiring an additional 3,655 shares during the quarter. Norden Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $691,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Pflug Koory LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares during the period. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $52,000. Providence First Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at $75,000. Ridgewood Investments LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% in the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after acquiring an additional 203 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $177,000.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %
NYSEARCA:STIP opened at $102.70 on Tuesday. The firm’s fifty day simple moving average is $101.27 and its 200 day simple moving average is $100.96. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.72.
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.
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