60,014 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Acquired by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 60,014 shares of the company’s stock, valued at approximately $6,037,000. iShares 0-5 Year TIPS Bond ETF comprises 4.6% of Sugar Maple Asset Management LLC’s holdings, making the stock its 7th biggest position. Sugar Maple Asset Management LLC owned about 0.07% of iShares 0-5 Year TIPS Bond ETF at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 33.0% during the fourth quarter. Ridgewood Investments LLC now owns 818 shares of the company’s stock worth $82,000 after buying an additional 203 shares during the period. Peterson Financial Group Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $177,000. Coldstream Capital Management Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth $200,000. CWA Asset Management Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth $204,000. Finally, W.H. Cornerstone Investments Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at $205,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0 %

STIP stock opened at $101.15 on Tuesday. The company has a 50-day simple moving average of $100.75 and a 200 day simple moving average of $100.54. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $98.36 and a fifty-two 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.