Breakwater Capital Group Has $2.51 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Breakwater Capital Group grew its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 24,905 shares of the company’s stock after purchasing an additional 498 shares during the period. Breakwater Capital Group’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,505,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of STIP. JPMorgan Chase & Co. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock worth $51,920,000 after buying an additional 6,480 shares in the last quarter. Blair William & Co. IL boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.3% during the 2nd quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock worth $6,391,000 after acquiring an additional 2,668 shares during the last quarter. IHT Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 79.3% in the 3rd quarter. IHT Wealth Management LLC now owns 15,932 shares of the company’s stock worth $1,615,000 after acquiring an additional 7,048 shares in the last quarter. Greenline Partners LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.6% in the second quarter. Greenline Partners LLC now owns 213,550 shares of the company’s stock valued at $21,139,000 after purchasing an additional 5,408 shares during the last quarter. Finally, ProVise Management Group LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.8% in the second quarter. ProVise Management Group LLC now owns 171,938 shares of the company’s stock valued at $17,106,000 after purchasing an additional 9,387 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $100.72 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two week high of $101.52. The firm’s 50-day simple moving average is $100.71 and its 200 day simple moving average is $100.47.

About iShares 0-5 Year TIPS Bond ETF

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.