Madden Advisory Services Inc. Acquires 476 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Madden Advisory Services Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 30,212 shares of the company’s stock after buying an additional 476 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 1.3% of Madden Advisory Services Inc.’s holdings, making the stock its 23rd largest position. Madden Advisory Services Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $3,109,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in STIP. Park Avenue Securities LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 701.5% in the 1st quarter. Park Avenue Securities LLC now owns 16,631 shares of the company’s stock worth $1,721,000 after acquiring an additional 14,556 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 1,580.8% in the 1st quarter. Farther Finance Advisors LLC now owns 47,885 shares of the company’s stock valued at $4,920,000 after buying an additional 45,036 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 933,682 shares of the company’s stock valued at $96,608,000 after buying an additional 34,800 shares during the period. Wealthcare Capital Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.3% in the 1st quarter. Wealthcare Capital Management LLC now owns 775,136 shares of the company’s stock valued at $80,203,000 after buying an additional 2,080 shares during the period. Finally, MADDEN SECURITIES Corp grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 1st quarter. MADDEN SECURITIES Corp now owns 4,395 shares of the company’s stock valued at $455,000 after buying an additional 245 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.27 on Wednesday. The stock has a 50-day moving average of $103.33 and a 200-day moving average of $102.88. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year high of $103.93.

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.