Brand Asset Management Group Inc. Acquires Shares of 13,789 iShares 0-5 Year TIPS Bond ETF $STIP

Brand Asset Management Group Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,789 shares of the company’s stock, valued at approximately $1,425,000.

Other large investors have also recently modified their holdings of the company. Rossmore Private Capital purchased a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $26,000. Chapman Financial Group LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth about $26,000. Trust Co. of Vermont bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth about $32,000. Avalon Trust Co purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter worth about $41,000. Finally, Rice Partnership LLC bought a new position in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at about $42,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

iShares 0-5 Year TIPS Bond ETF stock opened at $103.32 on Friday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $101.67 and a 1-year high of $103.93. The company’s 50-day moving average is $102.68 and its 200 day moving average is $103.00.

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.