Wealthgarden F.S. LLC Has $938,000 Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Wealthgarden F.S. LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 142.4% during the first quarter, HoldingsChannel reports. The fund owned 9,067 shares of the company’s stock after buying an additional 5,326 shares during the quarter. Wealthgarden F.S. LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $938,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of STIP. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $27,000. Caldwell Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $29,000. Kingdom Financial Group LLC. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $29,000. Finally, Torren Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of NYSEARCA STIP opened at $101.28 on Wednesday. The company has a 50 day simple moving average of $102.50 and a 200 day simple moving average of $102.88. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.11 and a 1 year high of $104.16.

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.