Topor & Co. Korea Purchases Shares of 8,338 iShares 0-5 Year TIPS Bond ETF $STIP

Topor & Co. Korea acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 4th quarter, HoldingsChannel reports. The fund acquired 8,338 shares of the company’s stock, valued at approximately $854,000. iShares 0-5 Year TIPS Bond ETF accounts for about 0.6% of Topor & Co. Korea’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Modera Wealth Management LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Modera Wealth Management LLC now owns 2,279,268 shares of the company’s stock valued at $233,374,000 after buying an additional 142,348 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.1% during the fourth quarter. Ritholtz Wealth Management now owns 2,255,855 shares of the company’s stock worth $230,977,000 after acquiring an additional 109,416 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 1,755,257 shares of the company’s stock worth $181,423,000 after acquiring an additional 140,223 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 8.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,148,502 shares of the company’s stock worth $117,595,000 after acquiring an additional 86,535 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 4.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,119,136 shares of the company’s stock valued at $114,588,000 after acquiring an additional 43,725 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2%

Shares of STIP stock opened at $102.06 on Friday. The business’s 50 day simple moving average is $103.27 and its 200 day simple moving average is $103.00. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.84 and a one year high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

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.