23,827 Shares in iShares 0-5 Year TIPS Bond ETF $STIP Bought by Baer Investment Advisory LLC

Baer Investment Advisory LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, HoldingsChannel reports. The fund purchased 23,827 shares of the company’s stock, valued at approximately $2,464,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock valued at $45,000 after buying an additional 123 shares during the last quarter. State Street Corp raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the 2nd quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after acquiring an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $285,000. Diversify Advisory Services LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after acquiring an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 24.8% in the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after acquiring an additional 121,311 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $101.23 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.11 and a 52-week high of $104.16. The business has a 50-day simple moving average of $102.87 and a two-hundred day simple moving average of $102.93.

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.