iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by VestGen Investment Management

VestGen Investment Management boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 22.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,089 shares of the company’s stock after buying an additional 1,297 shares during the period. VestGen Investment Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $730,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of STIP. Janney Montgomery Scott LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock valued at $643,000 after purchasing an additional 331 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 22.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 7,061 shares of the company’s stock valued at $731,000 after purchasing an additional 1,314 shares in the last quarter. Western Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 48.3% in the 1st quarter. Western Wealth Management LLC now owns 3,348 shares of the company’s stock valued at $346,000 after purchasing an additional 1,091 shares in the last quarter. Sterling Investment Advisors LLC ADV increased its stake in iShares 0-5 Year TIPS Bond ETF by 5.2% in the 1st quarter. Sterling Investment Advisors LLC ADV now owns 75,328 shares of the company’s stock valued at $7,794,000 after purchasing an additional 3,703 shares in the last quarter. Finally, Trademark Financial Management LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 80.5% during the first quarter. Trademark Financial Management LLC now owns 8,931 shares of the company’s stock worth $924,000 after buying an additional 3,983 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $103.51 on Friday. The stock has a fifty day moving average of $103.43 and a two-hundred day moving average of $102.93. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.13 and a fifty-two week high of $103.93.

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.