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

Alhambra Investment Management LLC increased its stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 19.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,729 shares of the company’s stock after purchasing an additional 8,722 shares during the period. iShares 0-5 Year TIPS Bond ETF makes up 2.8% of Alhambra Investment Management LLC’s holdings, making the stock its 6th biggest holding. Alhambra Investment Management LLC owned 0.07% of iShares 0-5 Year TIPS Bond ETF worth $5,405,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 16.0% during the 3rd quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after buying an additional 201,769 shares during the last quarter. Brookstone Capital Management increased its position in iShares 0-5 Year TIPS Bond ETF by 4,176.7% during the 3rd quarter. Brookstone Capital Management now owns 185,739 shares of the company’s stock worth $18,819,000 after purchasing an additional 181,396 shares in the last quarter. Victory Capital Management Inc. lifted its stake in iShares 0-5 Year TIPS Bond ETF by 57.1% in the 3rd quarter. Victory Capital Management Inc. now owns 370,019 shares of the company’s stock valued at $37,490,000 after purchasing an additional 134,440 shares during the last quarter. Modera Wealth Management LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% during the third quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after buying an additional 101,437 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 99.6% during the third quarter. Integrated Wealth Concepts LLC now owns 199,270 shares of the company’s stock worth $20,190,000 after buying an additional 99,455 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $101.15 on Friday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.36 and a twelve month high of $101.52. The stock’s fifty day simple moving average is $100.74 and its 200 day simple moving average is $100.51.

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.