IFG Advisory LLC Has $10.47 Million Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

IFG Advisory LLC raised its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 106,192 shares of the company’s stock after purchasing an additional 2,064 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 0.8% of IFG Advisory LLC’s 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 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fortune 45 LLC increased its position in iShares 0-5 Year TIPS Bond ETF by 32.5% during the first quarter. Fortune 45 LLC now owns 22,968 shares of the company’s stock worth $2,410,000 after acquiring an additional 5,634 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 9,831.0% in the 1st 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 in the last quarter. US Bancorp DE boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 14,981.5% in the 1st 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 in the last quarter. Citigroup Inc. boosted its position in iShares 0-5 Year TIPS Bond ETF by 31.2% during the 1st quarter. Citigroup Inc. now owns 20,366 shares of the company’s stock worth $2,137,000 after buying an additional 4,840 shares during the period. Finally, Bank of Montreal Can boosted its position in iShares 0-5 Year TIPS Bond ETF by 704.0% during the 1st quarter. Bank of Montreal Can now owns 19,295 shares of the company’s stock worth $2,047,000 after buying an additional 16,895 shares during the period.

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

NYSEARCA:STIP opened at $99.47 on Thursday. 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 has a one year low of $96.27 and a one year high of $99.66.

iShares 0-5 Year TIPS Bond ETF Company 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.