Maltin Wealth Management Inc. Has $2.29 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Maltin Wealth Management Inc. raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 22,555 shares of the company’s stock after purchasing an additional 1,022 shares during the period. Maltin Wealth Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,285,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5,300.0% in the 2nd quarter. Larson Financial Group LLC now owns 270 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the period. IAG Wealth Partners LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $30,000. Ridgewood Investments LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $34,000. Palisade Asset Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $35,000. Finally, Gleason Group Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $46,000.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

NYSEARCA STIP traded up $0.09 during trading hours on Friday, reaching $101.14. 192,691 shares of the company’s stock were exchanged, compared to its average volume of 461,207. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.74 and a one year high of $101.52. The firm has a fifty day moving average of $100.63 and a 200-day moving average of $99.75.

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.