Concurrent Investment Advisors LLC Buys Shares of 2,444 iShares 0-5 Year TIPS Bond ETF $STIP

Concurrent Investment Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,444 shares of the company’s stock, valued at approximately $252,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Roundview Capital LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 18.0% during the 2nd quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock valued at $1,905,000 after purchasing an additional 2,819 shares in the last quarter. Ridgewood Investments LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 88.5% in the 1st quarter. Ridgewood Investments LLC now owns 1,542 shares of the company’s stock worth $160,000 after acquiring an additional 724 shares in the last quarter. Lutz Financial Services LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 10.0% in the 1st quarter. Lutz Financial Services LLC now owns 65,429 shares of the company’s stock worth $6,770,000 after acquiring an additional 5,943 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 35.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 11,508 shares of the company’s stock worth $1,191,000 after acquiring an additional 3,043 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock worth $643,000 after acquiring an additional 331 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $103.45 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93. The stock has a fifty day moving average price of $103.40 and a 200-day moving average price of $102.91.

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.