Compass Wealth Management LLC GA Makes New $832,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Compass Wealth Management LLC GA bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,350 shares of the company’s stock, valued at approximately $832,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in STIP. Raleigh Capital Management Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 257.1% in the third quarter. Raleigh Capital Management Inc. now owns 250 shares of the company’s stock valued at $25,000 after buying an additional 180 shares during the last quarter. Beacon Financial Strategies CORP purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $38,000. Retirement Wealth Solutions LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 197.6% in the second quarter. Retirement Wealth Solutions LLC now owns 372 shares of the company’s stock worth $38,000 after buying an additional 247 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $50,000. Finally, Nvwm LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth about $51,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP opened at $100.52 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $99.56 and a twelve month high of $104.16. The firm’s 50-day moving average price is $100.39 and its 200 day moving average price is $102.03.

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.