New York Life Investment Management LLC Boosts Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

New York Life Investment Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 91.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 332,198 shares of the company’s stock after buying an additional 158,818 shares during the quarter. New York Life Investment Management LLC owned 0.41% of iShares 0-5 Year TIPS Bond ETF worth $33,419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $52,000. Portland Financial Advisors Inc bought a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $2,052,000. IFP Advisors Inc lifted its position in iShares 0-5 Year TIPS Bond ETF by 176.4% during the fourth quarter. IFP Advisors Inc now owns 7,388 shares of the company’s stock valued at $743,000 after purchasing an additional 4,715 shares during the period. J. W. Coons Advisors LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 73.4% during the fourth quarter. J. W. Coons Advisors LLC now owns 4,560 shares of the company’s stock valued at $459,000 after purchasing an additional 1,930 shares during the period. Finally, Sigma Investment Counselors Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 3.8% during the fourth quarter. Sigma Investment Counselors Inc. now owns 374,427 shares of the company’s stock valued at $37,667,000 after purchasing an additional 13,645 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.27 on Thursday. The company’s 50 day moving average is $101.18 and its 200 day moving average is $100.92. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.53 and a twelve month high of $102.30.

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.