Waverly Advisors LLC Purchases 104,728 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

Waverly Advisors LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1,488.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 111,764 shares of the company’s stock after buying an additional 104,728 shares during the quarter. Waverly Advisors LLC owned about 0.08% of iShares 0-5 Year TIPS Bond ETF worth $11,560,000 at the end of the most recent reporting period.

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

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of STIP stock opened at $101.23 on Monday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.11 and a 12-month high of $104.16. The business’s fifty day simple moving average is $102.14 and its 200-day simple moving average is $102.82.

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.