3EDGE Asset Management LP Acquires 63,189 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

3EDGE Asset Management LP lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,179,708 shares of the company’s stock after purchasing an additional 63,189 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 6.9% of 3EDGE Asset Management LP’s holdings, making the stock its 4th biggest holding. 3EDGE Asset Management LP owned 0.93% of iShares 0-5 Year TIPS Bond ETF worth $121,929,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 69.4% during the third quarter. Ridgewood Investments LLC now owns 12,493 shares of the company’s stock worth $1,291,000 after buying an additional 5,118 shares in the last quarter. Sellwood Investment Partners LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7.6% during the third quarter. Sellwood Investment Partners LLC now owns 14,580 shares of the company’s stock valued at $1,507,000 after acquiring an additional 1,030 shares during the last quarter. Traub Capital Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 28.1% during the third quarter. Traub Capital Management LLC now owns 22,392 shares of the company’s stock valued at $2,314,000 after acquiring an additional 4,914 shares during the last quarter. BIP Wealth LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 14.5% during the 3rd quarter. BIP Wealth LLC now owns 139,746 shares of the company’s stock worth $14,444,000 after purchasing an additional 17,661 shares in the last quarter. Finally, Fairway Wealth LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 15.6% in the 3rd quarter. Fairway Wealth LLC now owns 22,298 shares of the company’s stock valued at $2,305,000 after purchasing an additional 3,008 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.44 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.99 and a 12-month high of $103.93. The company’s 50-day moving average is $102.61 and its two-hundred day moving average is $102.99.

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.