Edgestream Partners L.P. Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

Edgestream Partners L.P. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,600 shares of the company’s stock, valued at approximately $2,634,000.

Other institutional investors have also added to or reduced their stakes in the company. Lido Advisors LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 29.0% during the 2nd quarter. Lido Advisors LLC now owns 3,155 shares of the company’s stock worth $325,000 after buying an additional 710 shares during the period. Independent Family Office LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at about $1,379,000. Quadrature Capital Ltd bought a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $6,365,000. Level Four Advisory Services LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 35.5% in the 2nd quarter. Level Four Advisory Services LLC now owns 4,292 shares of the company’s stock worth $442,000 after purchasing an additional 1,124 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares 0-5 Year TIPS Bond ETF by 44.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 197,084 shares of the company’s stock worth $20,282,000 after purchasing an additional 61,029 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA:STIP opened at $102.74 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93. The company’s 50 day moving average price is $103.13 and its two-hundred day moving average price is $102.98.

iShares 0-5 Year TIPS Bond ETF 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.