Clune & Associates LTD. Grows Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Clune & Associates LTD. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 9.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,170 shares of the company’s stock after purchasing an additional 529 shares during the quarter. Clune & Associates LTD.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $635,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in STIP. HHM Wealth Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter worth approximately $28,000. Cape Investment Advisory Inc. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 35,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after acquiring an additional 353 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 34.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 382 shares of the company’s stock valued at $40,000 after purchasing an additional 97 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after purchasing an additional 389 shares in the last quarter. Finally, Signature Resources Capital Management LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 45.1% during the 2nd quarter. Signature Resources Capital Management LLC now owns 428 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $103.45 on Tuesday. The firm has a fifty day moving average price of $103.40 and a 200 day moving average price of $102.91. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $100.13 and a 12 month high of $103.93.

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.