Ignite Planners LLC Buys 2,425 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Ignite Planners LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 28.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 10,934 shares of the company’s stock after acquiring an additional 2,425 shares during the quarter. Ignite Planners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,100,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in STIP. Breakwater Capital Group lifted its stake in iShares 0-5 Year TIPS Bond ETF by 2.0% during the fourth quarter. Breakwater Capital Group now owns 24,905 shares of the company’s stock worth $2,505,000 after purchasing an additional 498 shares during the last quarter. Fortis Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 0.6% in the fourth quarter. Fortis Advisors LLC now owns 25,017 shares of the company’s stock worth $2,517,000 after buying an additional 151 shares in the last quarter. Signal Advisors Wealth LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 143.7% in the fourth quarter. Signal Advisors Wealth LLC now owns 17,744 shares of the company’s stock worth $1,785,000 after buying an additional 10,464 shares in the last quarter. CHB Investment Group LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 4.5% during the fourth quarter. CHB Investment Group LLC now owns 32,001 shares of the company’s stock valued at $3,219,000 after acquiring an additional 1,369 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 102.9% in the 4th quarter. AdvisorNet Financial Inc now owns 3,019 shares of the company’s stock worth $304,000 after acquiring an additional 1,531 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.72 on Tuesday. The firm has a fifty day simple moving average of $100.71 and a two-hundred day simple moving average of $100.47. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.36 and a twelve month high of $101.52.

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.