PFG Investments LLC Invests $549,000 in iShares 0-5 Year TIPS Bond ETF $STIP

PFG Investments LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,306 shares of the company’s stock, valued at approximately $549,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of STIP. BIP Wealth LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.4% in the first quarter. BIP Wealth LLC now owns 154,557 shares of the company’s stock valued at $15,986,000 after purchasing an additional 7,950 shares during the last quarter. Kelman Lazarov Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 2.8% during the first quarter. Kelman Lazarov Inc. now owns 311,471 shares of the company’s stock worth $32,215,000 after purchasing an additional 8,456 shares during the last quarter. Baer Investment Advisory LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $2,464,000. Canal Capital Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at $8,582,000. Finally, Marotta Asset Management increased its stake in iShares 0-5 Year TIPS Bond ETF by 59.9% in the 1st quarter. Marotta Asset Management now owns 5,533 shares of the company’s stock valued at $571,000 after buying an additional 2,072 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $101.32 on Wednesday. The company’s 50-day moving average price is $102.77 and its two-hundred day moving average price is $102.92. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.11 and a one year high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Receive News & Ratings for iShares 0-5 Year TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.