Stephens Inc. AR Increases Position in iShares 0-5 Year TIPS Bond ETF $STIP

Stephens Inc. AR raised its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 275.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,268 shares of the company’s stock after purchasing an additional 50,085 shares during the quarter. Stephens Inc. AR’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $7,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in STIP. Adventist Health System Sunbelt Healthcare Corp purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $74,745,000. Bank of America Corp DE grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after acquiring an additional 671,145 shares during the period. Beacon Pointe Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 190.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after purchasing an additional 365,234 shares during the last quarter. SB Capital Management Inc purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth approximately $36,983,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 155.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after purchasing an additional 305,961 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock traded down $0.03 during trading on Tuesday, hitting $101.33. The stock had a trading volume of 332,508 shares, compared to its average volume of 1,272,108. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.11 and a 1 year high of $104.16. The stock’s 50 day moving average is $102.82 and its two-hundred day moving average is $102.93.

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.