iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Position Increased by Northland Capital Management LLC

Northland Capital Management LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 42.0% in the 4th quarter, HoldingsChannel reports. The firm owned 190,128 shares of the company’s stock after purchasing an additional 56,199 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 14.2% of Northland Capital Management LLC’s holdings, making the stock its 2nd largest position. Northland Capital Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $19,127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after buying an additional 6,480 shares in the last quarter. IHT Wealth Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% during the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after acquiring an additional 7,048 shares in the last quarter. First United Bank & Trust grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after acquiring an additional 308 shares during the period. Lutz Financial Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 29.2% in the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock valued at $5,480,000 after purchasing an additional 12,210 shares in the last quarter. Finally, Evanson Asset Management LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 9.0% during the third quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock worth $227,000 after purchasing an additional 185 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $101.20 on Monday. The company’s 50-day moving average price is $100.79 and its 200 day moving average price is $100.59. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.52.

iShares 0-5 Year TIPS Bond ETF Company 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.