Northland Capital Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 42.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 190,128 shares of the company’s stock after purchasing an additional 56,199 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for 14.2% of Northland Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Northland Capital Management LLC owned approximately 0.24% of iShares 0-5 Year TIPS Bond ETF worth $19,127,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Prism Advisors Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 3.6% in the third quarter. Prism Advisors Inc. now owns 3,231 shares of the company’s stock valued at $327,000 after purchasing an additional 111 shares during the last quarter. First PREMIER Bank raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.0% during the 4th quarter. First PREMIER Bank now owns 13,279 shares of the company’s stock worth $1,336,000 after acquiring an additional 134 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in iShares 0-5 Year TIPS Bond ETF by 0.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,597 shares of the company’s stock worth $2,990,000 after acquiring an additional 141 shares in the last quarter. Capasso Planning Partners LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 0.9% in the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock valued at $1,533,000 after acquiring an additional 142 shares during the last quarter. Finally, FC Advisory LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 3.1% in the fourth quarter. FC Advisory LLC now owns 4,928 shares of the company’s stock valued at $496,000 after acquiring an additional 147 shares in the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Performance
NYSEARCA:STIP opened at $101.20 on Monday. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $98.36 and a 52-week high of $101.52. The stock’s 50 day moving average price is $100.79 and its 200 day moving average price is $100.59.
iShares 0-5 Year TIPS Bond ETF Company 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.
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