G&S Capital LLC Invests $728,000 in iShares 0-5 Year TIPS Bond ETF $STIP

G&S Capital LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,127 shares of the company’s stock, valued at approximately $728,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 39.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 436 shares of the company’s stock worth $45,000 after purchasing an additional 123 shares during the last quarter. State Street Corp lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.5% during the second quarter. State Street Corp now owns 641,945 shares of the company’s stock worth $66,063,000 after purchasing an additional 3,063 shares during the last quarter. Vivaldi Capital Management LP bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth about $285,000. Diversify Advisory Services LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 14.6% during the second quarter. Diversify Advisory Services LLC now owns 6,496 shares of the company’s stock worth $669,000 after purchasing an additional 830 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in iShares 0-5 Year TIPS Bond ETF by 24.8% in the second quarter. Raymond James Financial Inc. now owns 609,857 shares of the company’s stock worth $62,760,000 after purchasing an additional 121,311 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of iShares 0-5 Year TIPS Bond ETF stock opened at $100.66 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $100.53 and a fifty-two week high of $104.16. The business has a 50-day moving average price of $101.57 and a 200 day moving average price of $102.69.

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.