Raymond James Financial Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 21.5% in the 1st quarter, Holdings Channel reports. The fund owned 488,546 shares of the company’s stock after acquiring an additional 86,525 shares during the quarter. Raymond James Financial Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $50,550,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Transce3nd LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $25,000. HHM Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $28,000. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $33,000. Capital Investment Advisory Services LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock worth $40,000 after purchasing an additional 97 shares during the period. Finally, Rossby Financial LCC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 1st quarter valued at approximately $48,000.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of STIP stock opened at $103.16 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.00 and a 52 week high of $103.61. The firm has a 50 day moving average of $102.78 and a two-hundred day moving average of $102.59.
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.
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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:STIP – Free Report).
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