iShares 0-5 Year TIPS Bond ETF $STIP Shares Purchased by Rathbones Group PLC

Rathbones Group PLC lifted its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 70.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,875 shares of the company’s stock after purchasing an additional 6,140 shares during the period. Rathbones Group PLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in STIP. Lido Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 29.0% during the second quarter. Lido Advisors LLC now owns 3,155 shares of the company’s stock worth $325,000 after acquiring an additional 710 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after acquiring an additional 123 shares during the last quarter. Baird Financial Group Inc. raised its position in iShares 0-5 Year TIPS Bond ETF by 7.3% during the second quarter. Baird Financial Group Inc. now owns 66,073 shares of the company’s stock worth $6,800,000 after acquiring an additional 4,480 shares during the last quarter. Cresset Asset Management LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 4.6% during the second quarter. Cresset Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,374,000 after acquiring an additional 588 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $101,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.45 on Wednesday. The company has a 50-day moving average of $103.15 and a two-hundred day moving average of $102.97. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.67 and a 12-month high of $103.93.

About iShares 0-5 Year TIPS Bond ETF

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.