Breakwater Investment Management Buys 1,305 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Breakwater Investment Management grew its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 12.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,893 shares of the company’s stock after buying an additional 1,305 shares during the quarter. Breakwater Investment Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,196,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of STIP. Prism Advisors Inc. grew its position in iShares 0-5 Year TIPS Bond ETF by 3.6% during the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after acquiring an additional 111 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the third quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock valued at $2,990,000 after purchasing an additional 141 shares in the last quarter. Capasso Planning Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% during the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after purchasing an additional 142 shares during the last quarter. FC Advisory LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.1% in the fourth quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock valued at $496,000 after buying an additional 147 shares during the period. Finally, Passive Capital Management LLC. boosted its position in iShares 0-5 Year TIPS Bond ETF by 0.8% during the 2nd quarter. Passive Capital Management LLC. now owns 19,097 shares of the company’s stock worth $1,900,000 after buying an additional 151 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $101.15 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52. The company’s 50 day moving average price is $100.75 and its two-hundred day moving average price is $100.54.

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.