Heritage Investment Group Inc. Grows Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Heritage Investment Group Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 14,807 shares of the company’s stock after purchasing an additional 731 shares during the period. iShares 0-5 Year TIPS Bond ETF comprises approximately 0.3% of Heritage Investment Group Inc.’s portfolio, making the stock its 26th biggest holding. Heritage Investment Group Inc.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,500,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in STIP. Blair William & Co. IL increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.3% during the second quarter. Blair William & Co. IL now owns 64,236 shares of the company’s stock valued at $6,391,000 after buying an additional 2,668 shares during the period. Cetera Investment Advisers increased its position in iShares 0-5 Year TIPS Bond ETF by 120.5% during the 1st quarter. Cetera Investment Advisers now owns 374,766 shares of the company’s stock valued at $37,263,000 after purchasing an additional 204,788 shares during the period. NorthCrest Asset Manangement LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 3.9% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 57,247 shares of the company’s stock worth $5,695,000 after purchasing an additional 2,125 shares in the last quarter. CGN Advisors LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.1% in the 2nd quarter. CGN Advisors LLC now owns 2,977 shares of the company’s stock worth $296,000 after purchasing an additional 116 shares during the period. Finally, ProVise Management Group LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.8% during the 2nd quarter. ProVise Management Group LLC now owns 171,938 shares of the company’s stock valued at $17,106,000 after purchasing an additional 9,387 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock traded up $0.10 during trading on Friday, reaching $100.62. The company had a trading volume of 363,169 shares, compared to its average volume of 481,935. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $97.24 and a 52 week high of $101.52. The business has a 50 day moving average of $100.93 and a 200 day moving average of $100.02.

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.