Ascentis Independent Advisors Acquires Shares of 5,508 iShares 0-5 Year TIPS Bond ETF $STIP

Ascentis Independent Advisors purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,508 shares of the company’s stock, valued at approximately $570,000.

Other large investors also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter worth about $26,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $27,000. Caldwell Trust Co acquired a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Kingdom Financial Group LLC. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at about $29,000. Finally, Torren Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP opened at $101.35 on Thursday. The stock has a 50 day moving average price of $102.71 and a two-hundred day moving average price of $102.91. 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.