Peak Financial Management Inc. Has $2.46 Million Stock Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Peak Financial Management Inc. raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,412 shares of the company’s stock after purchasing an additional 399 shares during the period. Peak Financial Management Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of STIP. Pflug Koory LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 534.7% in the fourth quarter. Pflug Koory LLC now owns 476 shares of the company’s stock valued at $48,000 after buying an additional 401 shares during the period. Ridgewood Investments LLC raised its position in shares of 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 valued at $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 in the 3rd quarter valued at $177,000. First United Bank & Trust boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 19.2% in the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock worth $193,000 after purchasing an additional 308 shares during the last quarter. Finally, Coldstream Capital Management Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $200,000.

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

NYSEARCA STIP opened at $101.20 on Monday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.52. The stock has a 50-day simple moving average of $100.79 and a 200 day simple moving average of $100.59.

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.