14,429 Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) Acquired by Peak Financial Management Inc.

Peak Financial Management Inc. purchased a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,429 shares of the company’s stock, valued at approximately $1,423,000.

Several other large investors have also recently made changes to their positions in STIP. North Star Investment Management Corp. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 153.0% during the fourth quarter. North Star Investment Management Corp. now owns 253 shares of the company’s stock worth $25,000 after purchasing an additional 153 shares in the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the first quarter worth approximately $25,000. Farmers & Merchants Investments Inc. acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $26,000. Delos Wealth Advisors LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $29,000. Finally, Covestor Ltd acquired a new position in iShares 0-5 Year TIPS Bond ETF during the first quarter worth $33,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA STIP opened at $99.43 on Friday. The stock’s fifty day moving average is $98.88 and its two-hundred day moving average is $98.02. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $96.27 and a fifty-two week high of $99.66.

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.