11,833 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Purchased by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 11,833 shares of the company’s stock, valued at approximately $1,218,000. iShares 0-5 Year TIPS Bond ETF accounts for about 0.6% of Midwest Capital Advisors LLC’s investment portfolio, making the stock its 22nd largest position.

Several other hedge funds have also recently modified their holdings of STIP. HHM Wealth Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth about $28,000. Cape Investment Advisory Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after purchasing an additional 389 shares during the last quarter. Finally, Signature Resources Capital Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 45.1% during the 2nd quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1%

STIP stock opened at $103.32 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93. The firm has a 50-day moving average of $103.35 and a two-hundred day moving average of $102.89.

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.