Van Strum & Towne Inc. Acquires New Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Van Strum & Towne Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, Holdings Channel reports. The firm acquired 26,182 shares of the company’s stock, valued at approximately $2,681,000.

Other hedge funds have also made changes to their positions in the company. Rossmore Private Capital acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter valued at approximately $26,000. Caldwell Trust Co acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $29,000. Avalon Trust Co acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $41,000. Finally, Rice Partnership LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $42,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

NYSEARCA STIP opened at $103.41 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.98 and a 12 month high of $104.16. The company’s 50 day simple moving average is $103.47 and its 200 day simple moving average is $103.03.

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.