iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 22.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 153,614 shares of the company’s stock after acquiring an additional 28,558 shares during the period. Valmark Advisers Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $15,729,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after purchasing an additional 293,986 shares during the last quarter. Guidance Capital Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $364,000. Blankinship & Foster LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.3% during the fourth quarter. Blankinship & Foster LLC now owns 2,880 shares of the company’s stock worth $295,000 after purchasing an additional 465 shares during the last quarter. Tyche Wealth Partners LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 11.1% during the fourth quarter. Tyche Wealth Partners LLC now owns 13,979 shares of the company’s stock worth $1,431,000 after purchasing an additional 1,401 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.7% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 137,485 shares of the company’s stock worth $14,077,000 after purchasing an additional 976 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.65 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.98 and a 52-week high of $103.93. The stock’s fifty day simple moving average is $103.22 and its 200-day simple moving average is $102.98.

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.