Redwood Financial Network Corp Acquires 164 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Redwood Financial Network Corp grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,273 shares of the company’s stock after purchasing an additional 164 shares during the quarter. Redwood Financial Network Corp’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $229,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Transce3nd LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $25,000. Knuff & Co LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $26,000. Chapman Financial Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $33,000. Pflug Koory LLC raised its position in shares of 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 acquiring an additional 401 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $52,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $102.15 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.84 and a 52-week high of $103.61. The firm has a 50 day moving average price of $102.77 and a 200 day moving average price of $101.69.

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.