Abacus Planning Group Inc. Acquires 16,641 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Abacus Planning Group Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 303,160 shares of the company’s stock after purchasing an additional 16,641 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up 5.5% of Abacus Planning Group Inc.’s investment portfolio, making the stock its 4th biggest holding. Abacus Planning Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $31,368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transce3nd LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $25,000. Knuff & Co LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $33,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $52,000. Finally, Ameriflex Group Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $58,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.2%

NYSEARCA:STIP opened at $102.02 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.84 and a 52 week high of $103.61. The firm’s fifty day moving average is $102.63 and its 200-day moving average is $101.90.

iShares 0-5 Year TIPS Bond ETF Company Profile

(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.

Further Reading

Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report).

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.