Successful Portfolios LLC Has $1.59 Million Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Successful Portfolios LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,786 shares of the company’s stock after buying an additional 413 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises approximately 1.1% of Successful Portfolios LLC’s investment portfolio, making the stock its 24th biggest holding. Successful Portfolios LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,588,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of STIP. 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 period. Peterson Financial Group Inc. bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth $177,000. Coldstream Capital Management Inc. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $200,000. CWA Asset Management Group LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $204,000. Finally, W.H. Cornerstone Investments Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $205,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $101.15 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $98.36 and a 1 year high of $101.52. The stock’s 50-day moving average price is $100.74 and its two-hundred day moving average price is $100.53.

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.