Kelman Lazarov Inc. Has $32.22 Million Stock Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Kelman Lazarov Inc. grew its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 2.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,471 shares of the company’s stock after buying an additional 8,456 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 4.6% of Kelman Lazarov Inc.’s holdings, making the stock its 5th largest holding. Kelman Lazarov Inc. owned about 0.22% of iShares 0-5 Year TIPS Bond ETF worth $32,215,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in STIP. Chapman Financial Group LLC purchased a new stake in iShares 0-5 Year TIPS Bond ETF in the second quarter worth about $26,000. IFC & Insurance Marketing Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter valued at about $27,000. Caldwell Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $29,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $29,000. Finally, Torren Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth approximately $41,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA STIP opened at $101.23 on Friday. The firm’s 50 day moving average price is $102.87 and its 200-day moving average price is $102.93. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $101.11 and a 52-week high of $104.16.

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.