Rathbones Group PLC Increases Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Rathbones Group PLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 70.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,875 shares of the company’s stock after acquiring an additional 6,140 shares during the quarter. Rathbones Group PLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,523,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Meridian Wealth Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.2% in the third quarter. Meridian Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $476,000 after acquiring an additional 101 shares during the period. Blue Edge Capital LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the third quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after acquiring an additional 112 shares during the period. Parallel Advisors LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after acquiring an additional 112 shares during the period. BWM Planning LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% in the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock valued at $604,000 after acquiring an additional 118 shares during the period. Finally, Prospera Financial Services Inc raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the third quarter. Prospera Financial Services Inc now owns 9,527 shares of the company’s stock valued at $985,000 after acquiring an additional 120 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $103.28 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $101.98 and a twelve month high of $104.16. The company’s fifty day simple moving average is $103.52 and its 200-day simple moving average is $103.04.

iShares 0-5 Year TIPS Bond ETF Company 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.