Cambridge Capital Management LLC Takes $573,000 Position in iShares 0-5 Year TIPS Bond ETF $STIP

Cambridge Capital Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,566 shares of the company’s stock, valued at approximately $573,000. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.3% of Cambridge Capital Management LLC’s investment portfolio, making the stock its 27th largest holding.

A number of other large investors also recently modified their holdings of STIP. Janney Montgomery Scott LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% during the first quarter. Janney Montgomery Scott LLC now owns 6,217 shares of the company’s stock valued at $643,000 after purchasing an additional 331 shares during the period. Golden State Equity Partners increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 12.4% during the first quarter. Golden State Equity Partners now owns 3,393 shares of the company’s stock valued at $351,000 after purchasing an additional 375 shares during the period. Tyche Wealth Partners LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at $224,000. Sequoia Financial Advisors LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 22.9% during the first quarter. Sequoia Financial Advisors LLC now owns 7,061 shares of the company’s stock valued at $731,000 after purchasing an additional 1,314 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 6.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 20,065 shares of the company’s stock valued at $2,076,000 after purchasing an additional 1,235 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $103.60 on Thursday. The stock’s fifty day moving average is $103.42 and its 200-day moving average is $102.91. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year 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.