Quadcap Wealth Management LLC Purchases 23,815 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Quadcap Wealth Management LLC grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 85.8% during the 4th quarter, HoldingsChannel reports. The fund owned 51,587 shares of the company’s stock after purchasing an additional 23,815 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 0.8% of Quadcap Wealth Management LLC’s holdings, making the stock its 23rd biggest position. Quadcap Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,190,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Transce3nd LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $25,000. Knuff & Co LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $33,000. Pflug Koory LLC boosted its holdings in 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 acquiring an additional 401 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $52,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.15 on Thursday. The business’s fifty day simple moving average is $102.77 and its two-hundred day simple moving average is $101.69. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.84 and a 12 month high of $103.61.

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.