DDFG Inc Buys 5,661 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

DDFG Inc boosted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 192,015 shares of the company’s stock after buying an additional 5,661 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 4.3% of DDFG Inc’s holdings, making the stock its 8th biggest position. DDFG Inc’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $19,860,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of STIP. Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $74,745,000. Bank of America Corp DE lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 71.1% during the 2nd quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after purchasing an additional 671,145 shares during the last quarter. Beacon Pointe Advisors LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 190.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 556,671 shares of the company’s stock worth $56,997,000 after purchasing an additional 365,234 shares during the last quarter. SB Capital Management Inc bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at approximately $36,983,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock valued at $51,995,000 after purchasing an additional 305,961 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $102.14 on Monday. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.83 and a 1 year high of $104.16. The company’s fifty day simple moving average is $103.08 and its 200-day simple moving average is $102.97.

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.