AJ Advisors LLC Raises Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

AJ Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,573 shares of the company’s stock after acquiring an additional 2,864 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up approximately 6.3% of AJ Advisors LLC’s portfolio, making the stock its 6th largest position. AJ Advisors LLC owned about 0.15% of iShares 0-5 Year TIPS Bond ETF worth $12,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Pflug Koory LLC grew its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares during the period. Ridgewood Investments LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after buying an additional 203 shares during the period. Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $177,000. First United Bank & Trust raised its position in iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth 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. Finally, Coldstream Capital Management Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $200,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

NYSEARCA:STIP opened at $101.50 on Friday. The firm’s 50 day moving average is $100.85 and its 200 day moving average is $100.64. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month 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.