Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 32.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,000 shares of the company’s stock after purchasing an additional 13,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,529,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of 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 valued at $48,000 after buying an additional 401 shares during the period. Ridgewood Investments LLC raised its holdings in shares of 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 in the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $177,000. First United Bank & Trust boosted its holdings 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 worth $193,000 after purchasing an additional 308 shares in the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $200,000.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.1 %
STIP opened at $101.56 on Friday. The stock has a 50-day moving average of $100.92 and a 200-day moving average of $100.72. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week 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.
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