Courier Capital LLC Has $11.37 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Courier Capital LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,305 shares of the company’s stock after purchasing an additional 1,407 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 0.9% of Courier Capital LLC’s portfolio, making the stock its 27th biggest position. Courier Capital LLC owned about 0.10% of iShares 0-5 Year TIPS Bond ETF worth $11,368,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortune 45 LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 32.5% during the first quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock worth $2,410,000 after buying an additional 5,634 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 9,831.0% during the first quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock worth $6,253,000 after buying an additional 58,986 shares in the last quarter. US Bancorp DE increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 14,981.5% during the first quarter. US Bancorp DE now owns 4,072 shares of the company’s stock worth $427,000 after buying an additional 4,045 shares in the last quarter. Citigroup Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 31.2% during the first quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock worth $2,137,000 after buying an additional 4,840 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 704.0% during the first quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock worth $2,047,000 after buying an additional 16,895 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.1 %

NYSEARCA STIP opened at $99.47 on Thursday. The company has a 50 day moving average of $98.86 and a 200-day moving average of $98.01. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $96.27 and a 1-year high of $99.66.

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.