Evanson Asset Management LLC Buys New Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Evanson Asset Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,056 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also modified their holdings of STIP. Jane Street Group LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 191.8% during the 4th quarter. Jane Street Group LLC now owns 6,548,745 shares of the company’s stock worth $634,966,000 after purchasing an additional 4,304,421 shares during the period. BlackRock Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 207.9% in the 1st quarter. BlackRock Inc. now owns 2,293,877 shares of the company’s stock worth $240,720,000 after buying an additional 1,548,838 shares during the last quarter. Financial Gravity Asset Management Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 2,326.3% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock valued at $180,182,000 after purchasing an additional 1,607,982 shares during the period. Envestnet Asset Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 8.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock worth $114,230,000 after purchasing an additional 95,493 shares during the last quarter. Finally, Ritholtz Wealth Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.6% during the 3rd quarter. Ritholtz Wealth Management now owns 1,134,348 shares of the company’s stock valued at $109,941,000 after buying an additional 79,638 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

Shares of STIP traded down $0.04 during trading hours on Thursday, hitting $99.43. The stock had a trading volume of 387,744 shares, compared to its average volume of 516,393. The company’s fifty day simple moving average is $98.86 and its 200 day simple moving average is $98.01. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $96.27 and a 12-month high of $99.66.

iShares 0-5 Year TIPS Bond ETF 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.