IFG Advisory LLC Buys 2,064 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

IFG Advisory LLC grew its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 106,192 shares of the company’s stock after acquiring an additional 2,064 shares during the period. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.8% of IFG Advisory LLC’s investment portfolio, making the stock its 18th biggest holding. IFG Advisory LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $10,470,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of STIP. Fortune 45 LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 32.5% in the first quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock valued at $2,410,000 after purchasing an additional 5,634 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 9,831.0% in the first quarter. JPMorgan Chase & Co. now owns 59,586 shares of the company’s stock valued at $6,253,000 after purchasing an additional 58,986 shares during the period. US Bancorp DE raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 14,981.5% in the first quarter. US Bancorp DE now owns 4,072 shares of the company’s stock valued at $427,000 after purchasing an additional 4,045 shares during the period. Citigroup Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 31.2% in the first quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock valued at $2,137,000 after purchasing an additional 4,840 shares during the period. Finally, Bank of Montreal Can raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 704.0% in the first quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock valued at $2,047,000 after purchasing an additional 16,895 shares during the period.

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

NYSEARCA:STIP opened at $99.47 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $96.27 and a 52 week high of $99.66. The firm’s 50-day simple moving average is $98.86 and its 200 day simple moving average is $98.01.

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.