Alesco Advisors LLC Purchases 1,737 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Alesco Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 101,700 shares of the company’s stock after buying an additional 1,737 shares during the quarter. Alesco Advisors LLC owned 0.08% of iShares 0-5 Year TIPS Bond ETF worth $10,027,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. North Star Investment Management Corp. grew its holdings in shares of 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 worth $25,000 after buying an additional 153 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $26,000. Delos Wealth Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $29,000. Tennessee Valley Asset Management Partners bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $30,000. Finally, Sound Income Strategies LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 245.7% during the fourth quarter. Sound Income Strategies LLC now owns 363 shares of the company’s stock valued at $36,000 after purchasing an additional 258 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP traded up $0.03 during trading hours on Friday, hitting $99.20. 279,116 shares of the company traded hands, compared to its average volume of 537,963. The business’s 50-day moving average is $99.12 and its 200-day moving average is $98.35. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $99.52.

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.