iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.7% in the third quarter, HoldingsChannel reports. The fund owned 69,783 shares of the company’s stock after purchasing an additional 4,987 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 5.2% of Sugar Maple Asset Management LLC’s holdings, making the stock its 6th largest holding. Sugar Maple Asset Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,213,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Dynasty Wealth Management LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 10.4% during the third quarter. Dynasty Wealth Management LLC now owns 1,028,495 shares of the company’s stock valued at $106,305,000 after purchasing an additional 96,645 shares during the last quarter. Global View Capital Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $319,000. Slow Capital Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 12.9% during the third quarter. Slow Capital Inc. now owns 37,419 shares of the company’s stock worth $3,868,000 after purchasing an additional 4,289 shares during the period. Northland Capital Management LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.2% during the third quarter. Northland Capital Management LLC now owns 106,946 shares of the company’s stock valued at $11,054,000 after purchasing an additional 1,241 shares during the last quarter. Finally, Courier Capital LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.3% in the 3rd quarter. Courier Capital LLC now owns 102,083 shares of the company’s stock valued at $10,551,000 after purchasing an additional 344 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $102.38 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.99 and a 1-year high of $103.93. The business’s 50-day moving average price is $102.62 and its 200 day moving average price is $103.00.

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.