Citadel Advisors LLC Makes New $2.08 Million Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Citadel Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 2nd quarter, Holdings Channel reports. The firm bought 20,373 shares of the company’s stock, valued at approximately $2,081,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of STIP. EverSource Wealth Advisors LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after purchasing an additional 123 shares during the last quarter. State Street Corp boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% in the second quarter. State Street Corp now owns 641,945 shares of the company’s stock valued at $66,063,000 after purchasing an additional 3,063 shares during the period. Vivaldi Capital Management LP purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at approximately $285,000. Diversify Advisory Services LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 14.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 24.8% during the 2nd quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock valued at $62,760,000 after purchasing an additional 121,311 shares in the last quarter.

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

Shares of STIP stock opened at $100.83 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.53 and a twelve month high of $104.16. The stock has a fifty day simple moving average of $101.01 and a two-hundred day simple moving average of $102.40.

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.