Sugar Maple Asset Management LLC Acquires 6,051 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Sugar Maple Asset Management LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 8.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,596 shares of the company’s stock after purchasing an additional 6,051 shares during the quarter. iShares 0-5 Year TIPS Bond ETF comprises 5.0% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Sugar Maple Asset Management LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $8,233,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of STIP. First United Bank & Trust increased its stake in iShares 0-5 Year TIPS Bond ETF by 222.0% in the first quarter. First United Bank & Trust now owns 20,260 shares of the company’s stock valued at $2,095,000 after purchasing an additional 13,969 shares during the period. Maltin Wealth Management Inc. boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4.2% during the first quarter. Maltin Wealth Management Inc. now owns 31,734 shares of the company’s stock worth $3,282,000 after buying an additional 1,274 shares during the period. Columbus Macro LLC grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 4.2% during the first quarter. Columbus Macro LLC now owns 96,176 shares of the company’s stock worth $9,947,000 after buying an additional 3,889 shares during the last quarter. Independent Wealth Network Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the first quarter. Independent Wealth Network Inc. now owns 24,797 shares of the company’s stock worth $2,565,000 after buying an additional 313 shares during the last quarter. Finally, Maseco LLP grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 5.6% during the first quarter. Maseco LLP now owns 774,850 shares of the company’s stock worth $80,127,000 after buying an additional 41,342 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP stock opened at $102.14 on Friday. The stock’s 50-day moving average price is $103.08 and its 200 day moving average price is $102.97. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.83 and a 52-week high of $104.16.

iShares 0-5 Year TIPS Bond ETF Company 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.