Edgestream Partners L.P. Purchases New Shares in iShares 0-5 Year TIPS Bond ETF $STIP

Edgestream Partners L.P. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,974 shares of the company’s stock, valued at approximately $1,445,000.

Several other hedge funds and other institutional investors have also bought and sold shares of STIP. Ashton Thomas Securities LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the 1st quarter worth about $280,000. Arkadios Wealth Advisors acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $5,734,000. Talon Private Wealth LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 1st quarter worth approximately $11,428,000. Royal Bank of Canada increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the first quarter. Royal Bank of Canada now owns 231,665 shares of the company’s stock worth $23,961,000 after purchasing an additional 31,941 shares during the period. Finally, Estate Counselors LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter worth approximately $6,053,000.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.7%

NYSEARCA STIP opened at $100.60 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $100.56 and a 1-year high of $104.16. The company has a 50 day moving average of $101.88 and a 200-day moving average of $102.76.

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.