Compass Financial Management LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 60,941 shares of the company’s stock, valued at approximately $6,224,000. iShares 0-5 Year TIPS Bond ETF makes up 0.7% of Compass Financial Management LLC’s holdings, making the stock its 29th biggest position.
Several other large investors also recently added to or reduced their stakes in the stock. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $27,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $29,000. Beacon Financial Strategies CORP bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $38,000. Finally, Retirement Wealth Solutions LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock valued at $38,000 after purchasing an additional 247 shares during the period.
iShares 0-5 Year TIPS Bond ETF Price Performance
Shares of NYSEARCA:STIP opened at $100.70 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.53 and a 52-week high of $104.16. The business’s 50 day moving average is $101.12 and its 200 day moving average is $102.46.
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.
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