9,076 iShares 0-5 Year TIPS Bond ETF $STIP Shares Acquired by Snider Financial Group

Snider Financial Group raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 16.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 64,196 shares of the company’s stock after purchasing an additional 9,076 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises about 1.6% of Snider Financial Group’s investment portfolio, making the stock its 20th biggest holding. Snider Financial Group’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in STIP. Syon Capital LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 39.5% during the 2nd quarter. Syon Capital LLC now owns 315,195 shares of the company’s stock valued at $32,200,000 after buying an additional 89,231 shares during the period. Capital Analysts LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 235.7% during the 2nd quarter. Capital Analysts LLC now owns 10,309 shares of the company’s stock valued at $1,053,000 after purchasing an additional 7,238 shares during the last quarter. Advisory Solutions Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at about $972,000. Boltwood Capital Management raised its position in iShares 0-5 Year TIPS Bond ETF by 185.4% in the 3rd quarter. Boltwood Capital Management now owns 94,575 shares of the company’s stock worth $9,429,000 after purchasing an additional 61,435 shares during the period. Finally, Ritholtz Wealth Management lifted its stake in iShares 0-5 Year TIPS Bond ETF by 6.8% in the first quarter. Ritholtz Wealth Management now owns 2,409,803 shares of the company’s stock worth $249,246,000 after purchasing an additional 153,948 shares during the last quarter.

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

NYSEARCA STIP traded up $0.19 during trading on Friday, hitting $100.58. The stock had a trading volume of 1,002,453 shares, compared to its average volume of 1,175,057. iShares 0-5 Year TIPS Bond ETF has a one year low of $99.56 and a one year high of $104.16. The stock has a 50 day simple moving average of $100.40 and a 200 day simple moving average of $101.79.

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.