Stillwater Private Wealth LLC Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

Stillwater Private Wealth LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,173 shares of the company’s stock, valued at approximately $2,810,000. iShares 0-5 Year TIPS Bond ETF accounts for 2.4% of Stillwater Private Wealth LLC’s holdings, making the stock its 14th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of STIP. Chapman Financial Group LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $27,000. Caldwell Trust Co purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Finally, Torren Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $101.36 on Friday. The firm has a fifty day moving average price of $101.93 and a 200-day moving average price of $102.78. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.10 and a 12-month high of $104.16.

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.