SageView Advisory Group LLC Acquires New Shares in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

SageView Advisory Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,669 shares of the company’s stock, valued at approximately $268,000.

Other hedge funds have also recently modified their holdings of the company. Coldstream Capital Management Inc. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter worth approximately $200,000. Destination Wealth Management lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 3.2% during the 3rd quarter. Destination Wealth Management now owns 710,445 shares of the company’s stock valued at $71,982,000 after buying an additional 22,251 shares during the period. Tidal Investments LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 30,299 shares of the company’s stock worth $3,068,000 after buying an additional 6,610 shares during the last quarter. Capasso Planning Partners LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 0.9% in the third quarter. Capasso Planning Partners LLC now owns 15,127 shares of the company’s stock worth $1,533,000 after acquiring an additional 142 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 512,440 shares of the company’s stock valued at $51,920,000 after purchasing an additional 6,480 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.45 on Wednesday. The business has a fifty day moving average price of $102.47 and a 200-day moving average price of $101.43. iShares 0-5 Year TIPS Bond ETF has a one year low of $98.53 and a one year high of $103.61.

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.