Alpha Omega Wealth Management LLC Raises Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Alpha Omega Wealth Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,288 shares of the company’s stock after acquiring an additional 1,422 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fortune 45 LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 32.5% during the 1st quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock worth $2,410,000 after purchasing an additional 5,634 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 9,831.0% during the 1st quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock worth $6,253,000 after purchasing an additional 58,986 shares during the last quarter. US Bancorp DE boosted its stake in iShares 0-5 Year TIPS Bond ETF by 14,981.5% during the 1st quarter. US Bancorp DE now owns 4,072 shares of the company’s stock worth $427,000 after purchasing an additional 4,045 shares during the last quarter. Citigroup Inc. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 31.2% during the 1st quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock worth $2,137,000 after purchasing an additional 4,840 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in iShares 0-5 Year TIPS Bond ETF by 704.0% during the 1st quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock worth $2,047,000 after purchasing an additional 16,895 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.1 %

STIP traded up $0.14 on Wednesday, hitting $99.27. 384,610 shares of the company’s stock were exchanged, compared to its average volume of 541,760. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.52. The firm has a 50-day moving average price of $99.02 and a 200-day moving average price of $98.24.

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.