NorthCrest Asset Manangement LLC Raises Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

NorthCrest Asset Manangement LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,069 shares of the company’s stock after purchasing an additional 822 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $5,884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Prism Advisors Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 3.6% during the 3rd quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock worth $327,000 after purchasing an additional 111 shares in the last quarter. CGN Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% during the second quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after buying an additional 116 shares during the period. TSA Wealth Managment LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 1.9% in the second quarter. TSA Wealth Managment LLC now owns 6,505 shares of the company’s stock valued at $647,000 after acquiring an additional 121 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 6,951 shares of the company’s stock worth $692,000 after acquiring an additional 124 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in iShares 0-5 Year TIPS Bond ETF by 3.8% during the 1st quarter. Brookstone Capital Management now owns 3,469 shares of the company’s stock worth $345,000 after acquiring an additional 127 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA:STIP opened at $100.73 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.74 and a 52 week high of $101.52. The company’s 50 day moving average is $100.84 and its two-hundred day moving average is $99.87.

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.