Mine & Arao Wealth Creation & Management LLC. Has $423,000 Holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Mine & Arao Wealth Creation & Management LLC. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,251 shares of the company’s stock after acquiring an additional 150 shares during the period. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $423,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the fourth quarter valued at approximately $807,000. New York Life Investment Management LLC bought a new stake in iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at $213,000. M&T Bank Corp grew its position in iShares 0-5 Year TIPS Bond ETF by 9.7% in the 4th quarter. M&T Bank Corp now owns 3,204 shares of the company’s stock worth $316,000 after purchasing an additional 283 shares during the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 64.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 2,052 shares of the company’s stock worth $202,000 after purchasing an additional 801 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 232.9% during the fourth quarter. BNP Paribas Financial Markets now owns 26,346 shares of the company’s stock valued at $2,597,000 after buying an additional 18,432 shares during the last quarter.

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

Shares of NYSEARCA STIP traded up $0.12 during mid-day trading on Friday, hitting $100.55. The company had a trading volume of 472,207 shares, compared to its average volume of 462,596. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $96.27 and a 12 month high of $100.66. The business’s 50-day simple moving average is $99.83 and its 200-day simple moving average is $99.40.

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.