Tyche Wealth Partners LLC Makes New Investment in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Tyche Wealth Partners LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,362 shares of the company’s stock, valued at approximately $430,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of STIP. North Star Investment Management Corp. grew its holdings in iShares 0-5 Year TIPS Bond ETF by 153.0% in the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after purchasing an additional 153 shares during the period. SkyView Investment Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter valued at approximately $25,000. Farmers & Merchants Investments Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter valued at approximately $26,000. Delos Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at approximately $29,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth approximately $30,000.

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

STIP traded up $0.06 on Wednesday, hitting $99.19. 177,005 shares of the company’s stock were exchanged, compared to its average volume of 538,523. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.52. The firm has a 50-day moving average price of $99.02 and a 200-day moving average price of $98.24.

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.