Transmarket Holdings LP Buys New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Transmarket Holdings LP bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 13,485 shares of the company’s stock, valued at approximately $1,395,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.7% of Transmarket Holdings LP’s investment portfolio, making the stock its 20th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the business. Chapman Financial Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $27,000. Caldwell Trust Co purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Kingdom Financial Group LLC. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Finally, Torren Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $101.35 on Wednesday. The stock’s 50 day simple moving average is $102.28 and its 200 day simple moving average is $102.85. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.11 and a 1 year 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.