Tortoise Investment Management LLC Buys 15,783 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Tortoise Investment Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 529,770 shares of the company’s stock after acquiring an additional 15,783 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 4.9% of Tortoise Investment Management LLC’s holdings, making the stock its 2nd largest position. Tortoise Investment Management LLC owned 0.41% of iShares 0-5 Year TIPS Bond ETF worth $54,757,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of STIP. Bank of America Corp DE grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock valued at $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Amplius Wealth Advisors LLC lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 17,600.5% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 469,418 shares of the company’s stock worth $48,519,000 after purchasing an additional 466,766 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 34.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,543,492 shares of the company’s stock worth $158,841,000 after purchasing an additional 392,850 shares during the last quarter. Miracle Mile Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 6,120.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 294,301 shares of the company’s stock valued at $30,419,000 after purchasing an additional 289,570 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF by 113.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 444,538 shares of the company’s stock valued at $45,947,000 after purchasing an additional 236,497 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Up 0.0%

Shares of NYSEARCA STIP opened at $103.40 on Thursday. The stock’s fifty day moving average price is $102.84 and its two-hundred day moving average price is $103.01. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.67 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.