Beckerman Institutional LLC Has $2.37 Million Stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Beckerman Institutional LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,602 shares of the company’s stock after acquiring an additional 1,075 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for approximately 1.9% of Beckerman Institutional LLC’s portfolio, making the stock its 12th biggest position. Beckerman Institutional LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,374,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Pflug Koory LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 534.7% during the fourth 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. Ridgewood Investments LLC boosted its holdings in 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 worth $82,000 after purchasing an additional 203 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $177,000. First United Bank & Trust lifted its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% in the fourth quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after acquiring an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at $200,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.2 %

Shares of STIP stock opened at $101.53 on Thursday. The company has a fifty day moving average price of $100.96 and a two-hundred day moving average price of $100.77. 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 Company 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.