Boltwood Capital Management Raises Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Boltwood Capital Management raised its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 120.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,600 shares of the company’s stock after buying an additional 3,600 shares during the period. Boltwood Capital Management’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $679,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of STIP. Dynasty Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 115.2% in the first quarter. Dynasty Wealth Management LLC now owns 946,182 shares of the company’s stock worth $97,901,000 after acquiring an additional 506,435 shares during the period. Quotient Wealth Partners LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 108.5% in the first quarter. Quotient Wealth Partners LLC now owns 904,284 shares of the company’s stock worth $93,566,000 after purchasing an additional 470,472 shares during the last quarter. Partners Capital Investment Group LLP grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% during the 1st quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock valued at $102,951,000 after purchasing an additional 340,117 shares during the period. World Investment Advisors purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter valued at about $31,924,000. Finally, Assetmark Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 47.8% during the 1st quarter. Assetmark Inc. now owns 855,388 shares of the company’s stock valued at $88,507,000 after purchasing an additional 276,740 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP opened at $103.48 on Monday. The company’s 50 day moving average is $103.12 and its 200 day moving average is $102.79. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $100.13 and a 12-month high of $103.93.

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.