Collier Financial Invests $581,000 in iShares 0-5 Year TIPS Bond ETF $STIP

Collier Financial purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,622 shares of the company’s stock, valued at approximately $581,000. iShares 0-5 Year TIPS Bond ETF makes up approximately 0.4% of Collier Financial’s portfolio, making the stock its 24th largest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. LGT Financial Advisors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $26,000. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth approximately $26,000. Rossmore Private Capital acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $26,000. Trust Co. of Vermont acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $32,000. Finally, Quaker Wealth Management LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after acquiring an additional 840 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $102.90 on Friday. The business’s fifty day moving average price is $102.56 and its 200 day moving average price is $102.99. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.47 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.