BIP Wealth LLC Acquires 9,458 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

BIP Wealth LLC increased its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 12.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,537 shares of the company’s stock after acquiring an additional 9,458 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 0.6% of BIP Wealth LLC’s investment portfolio, making the stock its 27th biggest holding. BIP Wealth LLC owned 0.07% of iShares 0-5 Year TIPS Bond ETF worth $8,137,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. North Star Investment Management Corp. lifted its position in iShares 0-5 Year TIPS Bond ETF by 153.0% during the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after purchasing an additional 153 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $26,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $29,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $30,000. Finally, Sound Income Strategies LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 245.7% in the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $36,000 after acquiring an additional 258 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock remained flat at $99.31 during trading hours on Wednesday. The stock had a trading volume of 697,816 shares, compared to its average volume of 541,632. The stock has a 50-day moving average price of $99.10 and a 200 day moving average price of $98.34. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.52.

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.