Ulland Investment Advisors LLC Purchases 44,000 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Ulland Investment Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,000 shares of the company’s stock, valued at approximately $4,387,000. iShares 0-5 Year TIPS Bond ETF comprises approximately 3.1% of Ulland Investment Advisors LLC’s holdings, making the stock its 10th biggest position.

Several other large investors have also bought and sold shares of STIP. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $6,638,000. RHS Financial LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 10.6% during the 3rd quarter. RHS Financial LLC now owns 7,824 shares of the company’s stock valued at $780,000 after purchasing an additional 751 shares during the last quarter. Affinity Capital Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% during the 3rd quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock valued at $394,000 after purchasing an additional 122 shares during the last quarter. Maltin Wealth Management Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 10.3% during the 3rd quarter. Maltin Wealth Management Inc. now owns 40,595 shares of the company’s stock worth $4,047,000 after purchasing an additional 3,781 shares in the last quarter. Finally, Sax Wealth Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 18.8% during the 3rd quarter. Sax Wealth Advisors LLC now owns 88,260 shares of the company’s stock worth $8,800,000 after purchasing an additional 13,939 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1%

NYSEARCA STIP opened at $100.10 on Wednesday. The firm’s fifty day moving average price is $100.41 and its two-hundred day moving average price is $101.84. 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.