Citigroup Inc. Buys 2,559 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Citigroup Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,626 shares of the company’s stock after acquiring an additional 2,559 shares during the period. Citigroup Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,436,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in STIP. Charles Schwab Investment Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $447,256,000. Jane Street Group LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 191.8% during the fourth quarter. Jane Street Group LLC now owns 6,548,745 shares of the company’s stock worth $634,966,000 after purchasing an additional 4,304,421 shares during the last quarter. Tiedemann Advisors LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 17,953.0% in the 4th quarter. Tiedemann Advisors LLC now owns 1,609,970 shares of the company’s stock valued at $156,103,000 after purchasing an additional 1,601,052 shares in the last quarter. BlackRock Inc. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 207.9% in the 1st quarter. BlackRock Inc. now owns 2,293,877 shares of the company’s stock valued at $240,720,000 after purchasing an additional 1,548,838 shares during the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 181,371.3% during the 4th quarter. Capital Analysts LLC now owns 519,008 shares of the company’s stock worth $50,323,000 after buying an additional 518,722 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $97.07 on Monday. The stock has a 50-day moving average price of $97.24 and a two-hundred day moving average price of $97.90. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.04 and a 12 month high of $99.66.

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.