Bank of Montreal Can Has $330,000 Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Bank of Montreal Can lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,285 shares of the company’s stock after buying an additional 353 shares during the period. Bank of Montreal Can’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $330,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Destination Wealth Management boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% during the 3rd quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock worth $71,982,000 after buying an additional 22,251 shares during the last quarter. Tidal Investments LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 27.9% during the 3rd quarter. Tidal Investments LLC now owns 30,299 shares of the company’s stock worth $3,068,000 after purchasing an additional 6,610 shares in the last quarter. Capasso Planning Partners LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% during the 3rd quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock valued at $1,533,000 after acquiring an additional 142 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after acquiring an additional 6,480 shares in the last quarter. Finally, FC Advisory LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 3.1% in the fourth quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock valued at $496,000 after buying an additional 147 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $102.88 on Thursday. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $103.61. The firm has a 50 day simple moving average of $102.60 and a 200 day simple moving average of $101.50.

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.