Peak Financial Management Inc. Has $2.46 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Peak Financial Management Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,412 shares of the company’s stock after acquiring an additional 399 shares during the period. Peak Financial Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 7.2% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 196,070 shares of the company’s stock worth $19,725,000 after purchasing an additional 13,179 shares during the period. CFS Investment Advisory Services LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 7.6% during the 4th quarter. CFS Investment Advisory Services LLC now owns 34,767 shares of the company’s stock worth $3,498,000 after purchasing an additional 2,446 shares in the last quarter. Fifth Third Bancorp raised its holdings in iShares 0-5 Year TIPS Bond ETF by 9.5% during the 4th quarter. Fifth Third Bancorp now owns 2,369 shares of the company’s stock worth $238,000 after buying an additional 206 shares during the period. Pflug Koory LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after buying an additional 401 shares in the last quarter. Finally, Patriot Investment Management Group Inc. boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 11.9% in the fourth quarter. Patriot Investment Management Group Inc. now owns 7,847 shares of the company’s stock valued at $789,000 after buying an additional 833 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $101.20 on Monday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.52. The company’s fifty day simple moving average is $100.79 and its 200 day simple moving average is $100.59.

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.