10,503 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,503 shares of the company’s stock, valued at approximately $1,087,000.

Several other large investors have also made changes to their positions in the company. FMR LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 9.7% in 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 raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.6% in the 4th quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock worth $190,564,000 after buying an additional 82,678 shares during the period. Ritholtz Wealth Management raised its position in iShares 0-5 Year TIPS Bond ETF by 13.1% in the first quarter. Ritholtz Wealth Management now owns 1,777,451 shares of the company’s stock valued at $183,913,000 after purchasing an additional 205,304 shares during the period. LPL Financial LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 5.2% in the fourth quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock valued at $154,820,000 after purchasing an additional 75,531 shares during the period. Finally, 3EDGE Asset Management LP raised its position in iShares 0-5 Year TIPS Bond ETF by 156.7% in the fourth quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock valued at $126,905,000 after purchasing an additional 770,017 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $102.17 on Tuesday. The business’s 50-day moving average is $102.55 and its two-hundred day moving average is $101.96. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.95 and a 12 month high of $103.61.

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.