3EDGE Asset Management LP Acquires 770,017 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

3EDGE Asset Management LP grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 156.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,261,483 shares of the company’s stock after buying an additional 770,017 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 7.8% of 3EDGE Asset Management LP’s portfolio, making the stock its 3rd largest holding. 3EDGE Asset Management LP’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $126,905,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Pflug Koory LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after acquiring an additional 401 shares in the last quarter. Ridgewood Investments LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after purchasing an additional 203 shares during the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $177,000. First United Bank & Trust raised its position in iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $200,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

Shares of STIP opened at $101.75 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.49 and a 52 week high of $101.85. The business’s fifty day moving average price is $101.02 and its two-hundred day moving average price is $100.83.

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.