Rik Saylor Financial Inc. Purchases Shares of 5,517 iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Rik Saylor Financial Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,517 shares of the company’s stock, valued at approximately $555,000.

Other institutional investors have also modified their holdings of the company. Pflug Koory LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after buying an additional 401 shares during the last quarter. Ridgewood Investments LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares in the last quarter. Peterson Financial Group Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $177,000. First United Bank & Trust grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after acquiring an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $200,000.

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

NYSEARCA:STIP opened at $101.76 on Thursday. The stock has a fifty day simple moving average of $100.90 and a 200 day simple moving average of $100.70. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $98.36 and a 1-year high of $101.81.

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.