5,747 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, Holdings Channel.com reports. The fund bought 5,747 shares of the company’s stock, valued at approximately $578,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Pflug Koory LLC boosted its position in shares of 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 valued at $48,000 after purchasing an additional 401 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $52,000. Providence First Trust Co bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $75,000. Ridgewood Investments LLC grew its position 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 worth $82,000 after buying an additional 203 shares during the period. Finally, First United Bank & Trust increased 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 acquiring an additional 308 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0 %

iShares 0-5 Year TIPS Bond ETF stock opened at $102.43 on Tuesday. The firm’s fifty day moving average is $101.71 and its 200 day moving average is $101.14. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.53 and a 12-month high of $102.90.

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.