Gould Asset Management LLC CA boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 15.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 469,722 shares of the company’s stock after purchasing an additional 62,458 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 8.4% of Gould Asset Management LLC CA’s portfolio, making the stock its 2nd largest holding. Gould Asset Management LLC CA’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $48,583,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $74,745,000. Bank of America Corp DE grew its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after buying an additional 671,145 shares during the last quarter. Beacon Pointe Advisors LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 190.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after acquiring an additional 365,234 shares during the period. SB Capital Management Inc bought a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $36,983,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in iShares 0-5 Year TIPS Bond ETF by 155.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after acquiring an additional 305,961 shares during the period.
iShares 0-5 Year TIPS Bond ETF Price Performance
iShares 0-5 Year TIPS Bond ETF stock opened at $101.32 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.11 and a fifty-two week high of $104.16. The firm has a fifty day moving average price of $102.42 and a two-hundred day moving average price of $102.87.
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.
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