43,949 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Purchased by Summit Trail Advisors LLC

Summit Trail Advisors LLC purchased a new position in 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 and Exchange Commission. The firm purchased 43,949 shares of the company’s stock, valued at approximately $4,421,000. Summit Trail Advisors LLC owned 0.05% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Pflug Koory LLC increased its stake 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 worth $48,000 after buying an additional 401 shares during the period. Ridgewood Investments LLC increased its position 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 purchasing an additional 203 shares during the period. Peterson Financial Group Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $177,000. First United Bank & Trust increased its position in iShares 0-5 Year TIPS Bond ETF by 19.2% during 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 period. Finally, Coldstream Capital Management Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $200,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $101.65 on Tuesday. The company’s 50-day simple moving average is $100.94 and its two-hundred day simple moving average is $100.75. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.36 and a one year high of $101.81.

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.