iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Shares Purchased by Kwmg LLC

Kwmg LLC grew its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,399 shares of the company’s stock after purchasing an additional 6,865 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 1.5% of Kwmg LLC’s investment portfolio, making the stock its 18th largest position. Kwmg LLC owned 0.17% of iShares 0-5 Year TIPS Bond ETF worth $14,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. North Star Investment Management Corp. boosted its stake in iShares 0-5 Year TIPS Bond ETF by 153.0% in the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock valued at $25,000 after acquiring an additional 153 shares in the last quarter. ICA Group Wealth Management LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $25,000. Y.D. More Investments Ltd purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at about $27,000. Delos Wealth Advisors LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at approximately $29,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $30,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.1 %

Shares of NYSEARCA STIP traded down $0.05 during midday trading on Wednesday, hitting $99.29. The company had a trading volume of 188,140 shares, compared to its average volume of 522,778. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $99.57. The business has a 50-day simple moving average of $99.19 and a two-hundred day simple moving average of $98.95.

iShares 0-5 Year TIPS Bond ETF Company 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.