9,076 iShares 0-5 Year TIPS Bond ETF $STIP Shares Bought by Snider Financial Group

Snider Financial Group boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 16.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,196 shares of the company’s stock after buying an additional 9,076 shares during the quarter. iShares 0-5 Year TIPS Bond ETF makes up about 1.6% of Snider Financial Group’s investment portfolio, making the stock its 20th largest holding. Snider Financial Group’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $6,400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Buttonwood Financial Group LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 1.8% in the second quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock worth $613,000 after acquiring an additional 108 shares during the period. United Asset Strategies Inc. grew its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after acquiring an additional 119 shares during the period. Breakwater Capital Group increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock worth $2,962,000 after purchasing an additional 120 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% in the 1st quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock worth $3,085,000 after purchasing an additional 122 shares in the last quarter. Finally, Affinity Capital Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% in the 3rd quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock worth $394,000 after purchasing an additional 122 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock traded up $0.19 during trading on Friday, reaching $100.58. The company had a trading volume of 1,002,453 shares, compared to its average volume of 1,175,057. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $99.56 and a 52 week high of $104.16. The firm’s 50-day simple moving average is $100.40 and its 200 day simple moving average is $101.79.

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.