CHB Investment Group LLC Boosts Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

CHB Investment Group LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,116 shares of the company’s stock after purchasing an additional 505 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for about 1.8% of CHB Investment Group LLC’s holdings, making the stock its 25th largest holding. CHB Investment Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,511,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norden Group LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 28.3% during the 2nd quarter. Norden Group LLC now owns 8,701 shares of the company’s stock valued at $895,000 after acquiring an additional 1,921 shares during the period. Legacy Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $385,000. Maseco LLP bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $64,472,000. Kure Advisory LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 8.1% during the 2nd quarter. Kure Advisory LLC now owns 52,465 shares of the company’s stock worth $5,399,000 after acquiring an additional 3,921 shares during the last quarter. Finally, CGN Advisors LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 167.4% during the 2nd quarter. CGN Advisors LLC now owns 13,982 shares of the company’s stock worth $1,439,000 after acquiring an additional 8,754 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $103.47 on Wednesday. The stock’s 50 day simple moving average is $103.25 and its 200 day simple moving average is $102.84. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93.

About iShares 0-5 Year TIPS Bond ETF

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.