Tyche Wealth Partners LLC Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Tyche Wealth Partners LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, Holdings Channel.com reports. The fund acquired 2,166 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Transce3nd LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $25,000. Knuff & Co LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $26,000. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $33,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $52,000. Finally, Ameriflex Group Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth approximately $58,000.

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

Shares of STIP stock opened at $102.67 on Thursday. The business’s 50 day simple moving average is $102.55 and its 200 day simple moving average is $102.02. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.95 and a one year high of $103.61.

iShares 0-5 Year TIPS Bond ETF 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.