Hilltop Holdings Inc. Has $1.91 Million Stock Position in iShares 0-5 Year TIPS Bond ETF $STIP

Hilltop Holdings Inc. lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 243.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,483 shares of the company’s stock after purchasing an additional 13,104 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,912,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Chapman Financial Group LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the second quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $27,000. Caldwell Trust Co acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Kingdom Financial Group LLC. bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $29,000. Finally, Torren Management LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $101.23 on Friday. The firm has a fifty day moving average of $102.14 and a 200-day moving average of $102.82. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.11 and a 52-week high of $104.16.

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.