Valen Private Capital LLC Purchases New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Valen Private Capital LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 71,632 shares of the company’s stock, valued at approximately $7,142,000. iShares 0-5 Year TIPS Bond ETF comprises about 2.2% of Valen Private Capital LLC’s portfolio, making the stock its 13th largest position.

A number of other large investors have also recently added to or reduced their stakes in STIP. Middleton & Co. Inc. MA raised its position in iShares 0-5 Year TIPS Bond ETF by 100.0% in the third quarter. Middleton & Co. Inc. MA now owns 8,201 shares of the company’s stock valued at $818,000 after purchasing an additional 4,100 shares during the period. Simplicity Wealth LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.1% during the 3rd quarter. Simplicity Wealth LLC now owns 7,775 shares of the company’s stock worth $775,000 after purchasing an additional 2,184 shares during the period. Sowell Financial Services LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.0% during the 3rd quarter. Sowell Financial Services LLC now owns 17,274 shares of the company’s stock worth $1,722,000 after purchasing an additional 664 shares during the period. Canton Hathaway LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 13.2% during the 3rd quarter. Canton Hathaway LLC now owns 1,973 shares of the company’s stock worth $197,000 after purchasing an additional 230 shares during the period. Finally, Gibbs Wealth Management increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 39.2% during the 3rd quarter. Gibbs Wealth Management now owns 3,361 shares of the company’s stock worth $335,000 after purchasing an additional 947 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.90 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $99.56 and a 12-month high of $104.16. The business has a 50-day moving average price of $100.40 and a 200 day moving average price of $101.70.

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.