Keystone Financial Services Makes New $541,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Keystone Financial Services purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,256 shares of the company’s stock, valued at approximately $541,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in STIP. Bensler LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $466,000. One Wealth Capital Management LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 66.5% during the 2nd quarter. One Wealth Capital Management LLC now owns 3,398 shares of the company’s stock worth $350,000 after acquiring an additional 1,357 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 704.4% in the 2nd quarter. AE Wealth Management LLC now owns 25,884 shares of the company’s stock worth $2,664,000 after acquiring an additional 22,666 shares during the period. Stokes Family Office LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $560,000. Finally, Vestmark Advisory Solutions Inc. increased its stake in iShares 0-5 Year TIPS Bond ETF by 8.1% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 5,459 shares of the company’s stock valued at $562,000 after purchasing an additional 411 shares in the last quarter.

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

Shares of STIP stock opened at $102.88 on Friday. The stock has a fifty day moving average price of $103.35 and a 200 day moving average price of $102.96. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $100.13 and a 1 year high of $103.93.

About iShares 0-5 Year TIPS Bond ETF

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.