Kwmg LLC Purchases 409 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Kwmg LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 156,766 shares of the company’s stock after buying an additional 409 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises 1.6% of Kwmg LLC’s portfolio, making the stock its 16th biggest position. Kwmg LLC owned about 0.19% of iShares 0-5 Year TIPS Bond ETF worth $15,771,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Ridgewood Investments LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF by 33.0% during the 4th quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after acquiring an additional 203 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth approximately $177,000. Coldstream Capital Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $200,000. CWA Asset Management Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $204,000. Finally, W.H. Cornerstone Investments Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $205,000.

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

STIP traded up $0.07 during mid-day trading on Monday, reaching $100.70. The stock had a trading volume of 473,533 shares, compared to its average volume of 410,671. The firm’s fifty day simple moving average is $100.71 and its two-hundred day simple moving average is $100.47. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $98.36 and a 52 week high of $101.52.

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.