International Assets Investment Management LLC Takes Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

International Assets Investment Management LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,183 shares of the company’s stock, valued at approximately $807,000.

A number of other hedge funds have also made changes to their positions in the company. Financial Gravity Asset Management Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 2,326.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,677,104 shares of the company’s stock worth $180,182,000 after buying an additional 1,607,982 shares during the last quarter. Ritholtz Wealth Management grew its position in iShares 0-5 Year TIPS Bond ETF by 11.0% during the 4th quarter. Ritholtz Wealth Management now owns 1,259,063 shares of the company’s stock worth $124,131,000 after acquiring an additional 124,715 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares 0-5 Year TIPS Bond ETF by 8.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,178,601 shares of the company’s stock valued at $114,230,000 after purchasing an additional 95,493 shares in the last quarter. Keating Investment Counselors Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 3.8% in the 3rd quarter. Keating Investment Counselors Inc. now owns 690,057 shares of the company’s stock valued at $66,880,000 after purchasing an additional 25,130 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $49,412,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $99.31 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.27 and a 52 week high of $99.52. The stock’s fifty day moving average is $99.10 and its 200-day moving average is $98.34.

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.