Transcend Capital Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 3,039 shares of the company’s stock, valued at approximately $313,000.
A number of other hedge funds have also bought and sold shares of STIP. Envestnet Asset Management Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 356.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,245,078 shares of the company’s stock valued at $333,946,000 after purchasing an additional 2,533,763 shares in the last quarter. Maseco LLP acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter worth $64,472,000. Dynasty Wealth Management LLC increased its stake 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 increased its stake in shares of 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 acquiring an additional 470,472 shares during the period. Finally, Partners Capital Investment Group LLP increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 51.9% in the first quarter. Partners Capital Investment Group LLP now owns 994,985 shares of the company’s stock worth $102,951,000 after acquiring an additional 340,117 shares during the period.
iShares 0-5 Year TIPS Bond ETF Trading Down 0.3%
NYSEARCA:STIP opened at $103.13 on Thursday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.13 and a 1-year high of $103.93. The company’s fifty day moving average price is $103.45 and its 200-day moving average price is $102.95.
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.
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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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