WealthPLAN Partners LLC Buys Shares of 5,587 iShares 0-5 Year TIPS Bond ETF $STIP

WealthPLAN Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, Holdings Channel reports. The institutional investor bought 5,587 shares of the company’s stock, valued at approximately $572,000.

Several other institutional investors and hedge funds also recently made changes to their positions in STIP. Chapman Financial Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. Caldwell Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at $29,000. Avalon Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $41,000. Finally, Torren Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $102.40 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $102.12 and a 12 month high of $104.16. The company has a fifty day simple moving average of $103.38 and a 200 day simple moving average of $103.03.

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.