Syon Capital LLC Purchases 89,231 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Syon Capital LLC grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 39.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 315,195 shares of the company’s stock after buying an additional 89,231 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for about 1.4% of Syon Capital LLC’s portfolio, making the stock its 13th largest position. Syon Capital LLC owned approximately 0.20% of iShares 0-5 Year TIPS Bond ETF worth $32,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Adventist Health System Sunbelt Healthcare Corp boosted its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,560,200 shares of the company’s stock valued at $161,371,000 after acquiring an additional 830,200 shares in the last quarter. Bank of America Corp DE boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares in the last quarter. Beacon Pointe Advisors LLC grew its stake in 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 buying an additional 365,234 shares during the last quarter. SB Capital Management Inc purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth $36,983,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after buying an additional 305,961 shares in the last quarter.

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

iShares 0-5 Year TIPS Bond ETF stock opened at $100.80 on Friday. The stock has a 50-day moving average of $101.09 and a two-hundred day moving average of $102.45. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.53 and a one year high of $104.16.

About iShares 0-5 Year TIPS Bond ETF

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.