Robinswood Financial LLC Takes $675,000 Position in iShares 0-5 Year TIPS Bond ETF $STIP

Robinswood Financial LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,528 shares of the company’s stock, valued at approximately $675,000. iShares 0-5 Year TIPS Bond ETF accounts for 0.9% of Robinswood Financial LLC’s holdings, making the stock its 16th biggest holding.

Several other hedge funds have also recently bought and sold shares of STIP. Adventist Health System Sunbelt Healthcare Corp grew its position in iShares 0-5 Year TIPS Bond ETF by 113.7% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after acquiring an additional 830,200 shares in the last quarter. Bank of America Corp DE increased its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% during the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the period. Beacon Pointe Advisors LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 190.8% during the fourth quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after purchasing an additional 365,234 shares in the last quarter. SB Capital Management Inc acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $36,983,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after purchasing an additional 305,961 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $101.36 on Monday. The company has a 50 day moving average price of $101.93 and a 200 day moving average price of $102.78. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.10 and a fifty-two week high of $104.16.

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.