Compass Financial Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 60,941 shares of the company’s stock, valued at approximately $6,224,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.7% of Compass Financial Management LLC’s investment portfolio, making the stock its 29th largest holding.
Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 39.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after purchasing an additional 123 shares during the period. State Street Corp boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the second quarter. State Street Corp now owns 641,945 shares of the company’s stock valued at $66,063,000 after buying an additional 3,063 shares during the period. Vivaldi Capital Management LP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $285,000. Diversify Advisory Services LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% during the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock valued at $669,000 after buying an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 24.8% in the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after buying an additional 121,311 shares during the period.
iShares 0-5 Year TIPS Bond ETF Stock Performance
Shares of NYSEARCA STIP opened at $100.70 on Thursday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.53 and a fifty-two week high of $104.16. The business’s 50 day moving average price is $101.12 and its 200-day moving average price is $102.46.
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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