Ridgewood Investments LLC Acquires 5,118 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Ridgewood Investments LLC raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 69.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,493 shares of the company’s stock after buying an additional 5,118 shares during the quarter. Ridgewood Investments LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,291,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. LGT Financial Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth approximately $26,000. Chapman Financial Group LLC bought a new position in iShares 0-5 Year TIPS Bond ETF in the second quarter worth $26,000. Trust Co. of Vermont acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the third quarter worth $32,000. Quaker Wealth Management LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock valued at $43,000 after buying an additional 840 shares during the period. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at $43,000.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.0%

NYSEARCA:STIP opened at $102.44 on Friday. The company has a 50-day moving average of $102.61 and a 200-day moving average of $102.99. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $100.99 and a 52 week high of $103.93.

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.