43,949 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, Holdings Channel reports. The firm bought 43,949 shares of the company’s stock, valued at approximately $4,421,000.

Other institutional investors also recently bought and sold shares of the company. Pflug Koory LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 534.7% in the 4th quarter. Pflug Koory LLC now owns 476 shares of the company’s stock worth $48,000 after purchasing an additional 401 shares in the last quarter. Ridgewood Investments LLC lifted its stake 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 valued at $82,000 after acquiring an additional 203 shares during the period. Peterson Financial Group Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at approximately $177,000. First United Bank & Trust lifted its stake in iShares 0-5 Year TIPS Bond ETF by 19.2% during the 4th quarter. First United Bank & Trust now owns 1,914 shares of the company’s stock valued at $193,000 after acquiring an additional 308 shares during the period. Finally, Coldstream Capital Management Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at approximately $200,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of NYSEARCA STIP opened at $101.65 on Tuesday. The company has a 50 day simple moving average of $100.94 and a two-hundred day simple moving average of $100.75. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $98.36 and a 12 month high of $101.81.

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.