Redwood Financial Network Corp Acquires 164 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Redwood Financial Network Corp increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,273 shares of the company’s stock after purchasing an additional 164 shares during the period. Redwood Financial Network Corp’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of STIP. FMR LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 9.7% during the 4th quarter. FMR LLC now owns 3,308,805 shares of the company’s stock worth $332,866,000 after buying an additional 293,457 shares during the period. Modera Wealth Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% during the fourth quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock worth $190,564,000 after acquiring an additional 82,678 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% during the fourth quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock worth $158,158,000 after acquiring an additional 59,199 shares during the period. LPL Financial LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock valued at $154,820,000 after acquiring an additional 75,531 shares in the last quarter. Finally, 3EDGE Asset Management LP lifted its position in iShares 0-5 Year TIPS Bond ETF by 156.7% in the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after acquiring an additional 770,017 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

STIP stock opened at $102.15 on Thursday. The stock has a 50-day moving average price of $102.77 and a two-hundred day moving average price of $101.69. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.84 and a 1 year 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.