Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 229,917 shares of the company’s stock, valued at approximately $22,923,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.14% of iShares 0-5 Year TIPS Bond ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of STIP. Syon Capital LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 39.5% in the 2nd quarter. Syon Capital LLC now owns 315,195 shares of the company’s stock valued at $32,200,000 after purchasing an additional 89,231 shares during the last quarter. Capital Analysts LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 235.7% in the 2nd quarter. Capital Analysts LLC now owns 10,309 shares of the company’s stock valued at $1,053,000 after purchasing an additional 7,238 shares in the last quarter. Advisory Solutions Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $972,000. Boltwood Capital Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 185.4% during the 3rd quarter. Boltwood Capital Management now owns 94,575 shares of the company’s stock worth $9,429,000 after purchasing an additional 61,435 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.9% during the 2nd quarter. Focus Financial Network Inc. now owns 17,799 shares of the company’s stock worth $1,818,000 after purchasing an additional 5,080 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.5%
Shares of NYSEARCA STIP opened at $100.65 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $99.56 and a 12 month high of $104.16. The company has a 50-day simple moving average of $100.40 and a 200-day simple moving average of $102.04.
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.
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