Victory Financial Group LLC Has $1.16 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Victory Financial Group LLC grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 351.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,338 shares of the company’s stock after acquiring an additional 8,824 shares during the period. Victory Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Copperleaf Capital LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $827,000. Carr Financial Group Corp grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% in the third quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock valued at $2,475,000 after purchasing an additional 9,402 shares during the last quarter. Abacus Planning Group Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 36.1% in the third quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock valued at $48,493,000 after purchasing an additional 124,335 shares during the last quarter. Austin Asset Management Co Inc increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the third quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock worth $29,751,000 after purchasing an additional 11,233 shares during the period. Finally, SCS Capital Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock worth $52,373,000 after purchasing an additional 13,149 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $103.43 on Wednesday. The stock has a 50 day simple moving average of $103.07 and a 200 day simple moving average of $102.98. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year high of $103.93.

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.