Apollon Wealth Management LLC Acquires Shares of 3,512 iShares 0-5 Year TIPS Bond ETF $STIP

Apollon Wealth Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,512 shares of the company’s stock, valued at approximately $361,000.

Other hedge funds have also recently made changes to their positions in the company. HHM Wealth Advisors LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the first quarter worth approximately $28,000. Cape Investment Advisory Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in 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 period. Capital Investment Advisory Services LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% in 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 period. Smartleaf Asset Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock worth $41,000 after buying an additional 389 shares during the last quarter. Finally, Signature Resources Capital Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 45.1% in the second quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after buying an additional 133 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.45 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.13 and a 52-week high of $103.93. The business has a fifty day moving average of $103.39 and a 200 day moving average of $102.90.

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.