SB Capital Management Inc Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

SB Capital Management Inc bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 361,193 shares of the company’s stock, valued at approximately $36,983,000. iShares 0-5 Year TIPS Bond ETF accounts for 13.6% of SB Capital Management Inc’s investment portfolio, making the stock its largest holding. SB Capital Management Inc owned about 0.29% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Edge Capital LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.4% in the 3rd quarter. Blue Edge Capital LLC now owns 4,798 shares of the company’s stock valued at $496,000 after buying an additional 112 shares during the period. Parallel Advisors LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the third quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock worth $84,000 after buying an additional 112 shares in the last quarter. BWM Planning LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the fourth quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after buying an additional 118 shares in the last quarter. Running Point Capital Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 36.9% during the fourth quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock worth $46,000 after buying an additional 121 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after buying an additional 123 shares during the period.

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

Shares of NYSEARCA:STIP opened at $102.06 on Friday. The firm’s 50 day moving average price is $103.27 and its 200 day moving average price is $103.00. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.84 and a fifty-two week high of $104.16.

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.