Private Wealth Management Group LLC Increases Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Private Wealth Management Group LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,853 shares of the company’s stock after acquiring an additional 192 shares during the period. Private Wealth Management Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $891,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Pflug Koory LLC increased its position 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 buying an additional 401 shares in the last quarter. Ridgewood Investments LLC boosted its stake in shares of 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 valued at $82,000 after acquiring an additional 203 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $177,000. First United Bank & Trust raised its stake in 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 purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at about $200,000.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $101.76 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $98.36 and a 12-month high of $101.81. The firm’s 50-day moving average is $100.90 and its two-hundred day moving average is $100.70.

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.