NFP Retirement Inc. Increases Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

NFP Retirement Inc. raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 25.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,265 shares of the company’s stock after acquiring an additional 3,452 shares during the quarter. NFP Retirement Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Coldstream Capital Management Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at approximately $200,000. Virtue Capital Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 20.8% during the third quarter. Virtue Capital Management LLC now owns 5,538 shares of the company’s stock valued at $561,000 after acquiring an additional 952 shares in the last quarter. Destination Wealth Management lifted its stake in iShares 0-5 Year TIPS Bond ETF by 3.2% in the third quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock worth $71,982,000 after acquiring an additional 22,251 shares during the period. Tidal Investments LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 27.9% during the 3rd quarter. Tidal Investments LLC now owns 30,299 shares of the company’s stock valued at $3,068,000 after purchasing an additional 6,610 shares during the period. Finally, Capasso Planning Partners LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 0.9% during the 3rd quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock valued at $1,533,000 after purchasing an additional 142 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.4 %

NYSEARCA:STIP opened at $102.35 on Friday. The company has a 50-day moving average price of $102.42 and a 200-day moving average price of $101.41. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.53 and a 12 month high of $103.61.

About iShares 0-5 Year TIPS Bond ETF

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.