Maseco LLP Increases Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Maseco LLP boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 5.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 774,850 shares of the company’s stock after purchasing an additional 41,342 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 2.5% of Maseco LLP’s portfolio, making the stock its 16th biggest position. Maseco LLP’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $80,127,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of STIP. Chapman Financial Group LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $26,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $27,000. Caldwell Trust Co acquired a new stake in iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $29,000. Kingdom Financial Group LLC. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $29,000. Finally, Torren Management LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at approximately $41,000.

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

STIP opened at $102.04 on Friday. The firm has a fifty day moving average price of $103.11 and a 200 day moving average price of $102.97. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.83 and a 1 year high of $104.16.

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.