Arkansas Financial Group Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 182,916 shares of the company’s stock after buying an additional 20,096 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises about 2.7% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Arkansas Financial Group Inc. owned approximately 0.15% of iShares 0-5 Year TIPS Bond ETF worth $18,729,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Rossmore Private Capital purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $26,000. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $26,000. Trust Co. of Vermont purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $32,000. Avalon Trust Co purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $41,000. Finally, Rice Partnership LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth $42,000.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%
Shares of STIP stock opened at $103.84 on Friday. The stock has a fifty day moving average of $103.33 and a 200 day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.98 and a 52 week high of $103.93.
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.
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