Kovitz Investment Group Partners LLC Boosts Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Kovitz Investment Group Partners LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 51.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,493 shares of the company’s stock after acquiring an additional 26,859 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,139,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Chapman Financial Group LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at $26,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter worth about $27,000. Caldwell Trust Co purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth about $29,000. Kingdom Financial Group LLC. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $29,000. Finally, Avalon Trust Co bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $102.06 on Friday. The firm has a 50-day moving average of $103.27 and a two-hundred day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.84 and a 1 year high of $104.16.

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.