Hanseatic Management Services Inc. Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

Hanseatic Management Services Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the first quarter, HoldingsChannel reports. The firm purchased 13,442 shares of the company’s stock, valued at approximately $1,390,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 1.3% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 29th biggest position.

Several other large investors have also recently bought and sold shares of STIP. BIP Wealth LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 4.9% during the 4th quarter. BIP Wealth LLC now owns 146,607 shares of the company’s stock worth $15,011,000 after purchasing an additional 6,861 shares during the last quarter. Maseco LLP boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.7% in the 4th quarter. Maseco LLP now owns 733,508 shares of the company’s stock valued at $75,100,000 after purchasing an additional 46,249 shares during the last quarter. Investment Partners Asset Management Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 35.7% in the 4th quarter. Investment Partners Asset Management Inc. now owns 26,606 shares of the company’s stock valued at $2,724,000 after purchasing an additional 6,996 shares during the last quarter. Brooklyn FI LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 27.7% in the 4th quarter. Brooklyn FI LLC now owns 34,664 shares of the company’s stock valued at $3,549,000 after purchasing an additional 7,529 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock worth $75,618,000 after buying an additional 293,986 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $101.44 on Friday. The firm has a 50 day simple moving average of $102.37 and a 200 day simple moving average of $102.86. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.11 and a fifty-two week 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.