iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 14.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,278,077 shares of the company’s stock after purchasing an additional 159,586 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up about 0.9% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Farther Finance Advisors LLC owned about 0.78% of iShares 0-5 Year TIPS Bond ETF worth $127,424,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in iShares 0-5 Year TIPS Bond ETF by 77.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,995,879 shares of the company’s stock worth $203,899,000 after buying an additional 870,609 shares during the period. Adventist Health System Sunbelt Healthcare Corp lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 113.7% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock worth $161,371,000 after acquiring an additional 830,200 shares in the last quarter. SB Capital Management Inc acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $36,983,000. Rockland Trust Co. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $25,993,000. Finally, Capital Advantage Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $26,438,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP traded up $0.07 on Thursday, hitting $100.17. The company’s stock had a trading volume of 1,004,567 shares, compared to its average volume of 1,183,836. The firm’s fifty day moving average price is $100.48 and its 200-day moving average price is $101.92. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $99.56 and a fifty-two week high of $104.16.

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.