Jacobson & Schmitt Advisors LLC Makes New $17.58 Million Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Jacobson & Schmitt Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 174,729 shares of the company’s stock, valued at approximately $17,578,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 3.4% of Jacobson & Schmitt Advisors LLC’s holdings, making the stock its 5th largest holding. Jacobson & Schmitt Advisors LLC owned 0.22% of iShares 0-5 Year TIPS Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in STIP. JPMorgan Chase & Co. grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 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 valued at $1,615,000 after purchasing an additional 7,048 shares during the last quarter. First United Bank & Trust grew its stake in shares of 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 valued at $193,000 after purchasing an additional 308 shares during the last quarter. Lutz Financial Services LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 29.2% in the 3rd quarter. Lutz Financial Services LLC now owns 54,087 shares of the company’s stock valued at $5,480,000 after purchasing an additional 12,210 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 10,049.6% in the 3rd quarter. International Assets Investment Management LLC now owns 11,469 shares of the company’s stock valued at $1,162,000 after purchasing an additional 11,356 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $101.86 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.49 and a 1-year high of $101.86. The stock’s 50 day moving average price is $101.04 and its 200 day moving average price is $100.84.

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.