Buttonwood Financial Group LLC Makes New $671,000 Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Buttonwood Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 6,556 shares of the company’s stock, valued at approximately $671,000. iShares 0-5 Year TIPS Bond ETF accounts for 0.4% of Buttonwood Financial Group LLC’s holdings, making the stock its 18th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. FMR LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 9.7% during the 4th quarter. FMR LLC now owns 3,308,805 shares of the company’s stock worth $332,866,000 after buying an additional 293,457 shares during the period. Modera Wealth Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.6% during the 4th quarter. Modera Wealth Management LLC now owns 1,894,273 shares of the company’s stock worth $190,564,000 after buying an additional 82,678 shares during the period. LPL Financial LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 1,538,970 shares of the company’s stock worth $154,820,000 after buying an additional 75,531 shares during the period. 3EDGE Asset Management LP lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 156.7% during the 4th quarter. 3EDGE Asset Management LP now owns 1,261,483 shares of the company’s stock worth $126,905,000 after buying an additional 770,017 shares during the period. Finally, Brooklyn FI LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6,349.4% during the 4th quarter. Brooklyn FI LLC now owns 1,215,009 shares of the company’s stock worth $122,469,000 after buying an additional 1,196,170 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.2%

Shares of STIP opened at $102.02 on Friday. The stock’s 50-day moving average price is $102.63 and its two-hundred day moving average price is $101.90. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.84 and a 12 month high of $103.61.

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.