Prime Capital Investment Advisors LLC boosted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) by 3.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 265,028 shares of the company’s stock after buying an additional 8,995 shares during the quarter. Prime Capital Investment Advisors LLC owned approximately 0.21% of iShares 0-5 Year TIPS Bond ETF worth $27,393,000 as of its most recent filing with the SEC.
Several other hedge funds also recently bought and sold shares of the stock. Virtus Family Office LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 48.2% in the third quarter. Virtus Family Office LLC now owns 20,043 shares of the company’s stock valued at $2,072,000 after acquiring an additional 6,519 shares in the last quarter. Financial & Tax Architects LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 10.7% in the 3rd quarter. Financial & Tax Architects LLC now owns 21,099 shares of the company’s stock valued at $2,181,000 after purchasing an additional 2,033 shares during the last quarter. TAGStone Capital Inc. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.1% in the 3rd quarter. TAGStone Capital Inc. now owns 13,410 shares of the company’s stock valued at $1,386,000 after purchasing an additional 401 shares in the last quarter. Prasad Wealth Partners LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 17.6% during the 3rd quarter. Prasad Wealth Partners LLC now owns 120,145 shares of the company’s stock worth $12,418,000 after purchasing an additional 18,014 shares during the last quarter. Finally, MONECO Advisors LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $212,000.
iShares 0-5 Year TIPS Bond ETF Price Performance
NYSEARCA:STIP opened at $102.85 on Friday. The firm has a 50 day simple moving average of $102.57 and a 200-day simple moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.47 and a 1-year high of $103.93.
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.
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