Amundi Takes $13.90 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Amundi bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 138,000 shares of the company’s stock, valued at approximately $13,904,000. Amundi owned 0.17% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of STIP. Pflug Koory LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 534.7% during the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after purchasing an additional 401 shares during the last quarter. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $52,000. Providence First Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $75,000. Ridgewood Investments LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock valued at $82,000 after acquiring an additional 203 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth approximately $177,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $102.46 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.53 and a 12-month high of $102.90. The stock’s 50 day simple moving average is $101.64 and its 200-day simple moving average is $101.10.

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.