Greenleaf Trust Acquires 15,970 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Greenleaf Trust boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 224.0% during the fourth quarter, Holdings Channel reports. The fund owned 23,098 shares of the company’s stock after acquiring an additional 15,970 shares during the period. Greenleaf Trust’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $2,277,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. North Star Investment Management Corp. increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% in the 4th quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after buying an additional 153 shares during the period. SkyView Investment Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the first quarter valued at about $25,000. Farmers & Merchants Investments Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $26,000. Delos Wealth Advisors LLC acquired a new stake in iShares 0-5 Year TIPS Bond ETF in the third quarter worth about $29,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $30,000.

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

Shares of NYSEARCA STIP traded up $0.03 during mid-day trading on Friday, hitting $99.21. The company’s stock had a trading volume of 330,404 shares, compared to its average volume of 539,041. The company’s fifty day simple moving average is $99.06 and its 200-day simple moving average is $98.27. iShares 0-5 Year TIPS Bond ETF has a one year low of $96.27 and a one year high of $99.52.

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.