Sigma Investment Counselors Inc. Purchases New Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Sigma Investment Counselors Inc. purchased a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 428,034 shares of the company’s stock, valued at approximately $42,675,000. iShares 0-5 Year TIPS Bond ETF makes up 2.0% of Sigma Investment Counselors Inc.’s holdings, making the stock its 8th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Syon Capital LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 39.5% during the 2nd quarter. Syon Capital LLC now owns 315,195 shares of the company’s stock worth $32,200,000 after purchasing an additional 89,231 shares during the period. Capital Analysts LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 235.7% in the 2nd quarter. Capital Analysts LLC now owns 10,309 shares of the company’s stock valued at $1,053,000 after purchasing an additional 7,238 shares in the last quarter. Advisory Solutions Group LLC purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $972,000. Boltwood Capital Management increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 185.4% in the 3rd quarter. Boltwood Capital Management now owns 94,575 shares of the company’s stock valued at $9,429,000 after purchasing an additional 61,435 shares in the last quarter. Finally, Gould Asset Management LLC CA lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 15.3% in the first quarter. Gould Asset Management LLC CA now owns 469,722 shares of the company’s stock valued at $48,583,000 after purchasing an additional 62,458 shares during the period.

iShares 0-5 Year TIPS Bond ETF Trading Down 0.0%

Shares of NYSEARCA STIP opened at $100.81 on Wednesday. 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 has a 50-day moving average price of $100.40 and a 200 day moving average price of $102.07.

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.