Stratos Investment Management LLC Invests $459,000 in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Stratos Investment Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, Holdings Channel.com reports. The firm acquired 4,561 shares of the company’s stock, valued at approximately $459,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $3,015,000. Sanctuary Advisors LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $1,499,000. Evanson Asset Management LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 9.0% in the 3rd quarter. Evanson Asset Management LLC now owns 2,241 shares of the company’s stock worth $227,000 after buying an additional 185 shares during the period. Brookstone Capital Management lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 4,176.7% in the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after buying an additional 181,396 shares during the period. Finally, Parkside Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 6.5% in the 3rd quarter. Parkside Advisors LLC now owns 187,884 shares of the company’s stock worth $19,036,000 after buying an additional 11,467 shares during the period.

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

NYSEARCA STIP opened at $101.76 on Thursday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.81. The stock has a 50 day simple moving average of $100.90 and a two-hundred day simple moving average of $100.70.

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.