Woodley Farra Manion Portfolio Management Inc. Makes New $591,000 Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Woodley Farra Manion Portfolio Management Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,927 shares of the company’s stock, valued at approximately $591,000.

Several other institutional investors have also made changes to their positions in STIP. Atlatl Advisers LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 0.4% in the third quarter. Atlatl Advisers LLC now owns 25,334 shares of the company’s stock valued at $2,526,000 after acquiring an additional 106 shares during the period. Buttonwood Financial Group LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% during the second quarter. Buttonwood Financial Group LLC now owns 6,001 shares of the company’s stock worth $613,000 after purchasing an additional 108 shares during the period. Chicago Partners Investment Group LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 29,739 shares of the company’s stock worth $3,085,000 after purchasing an additional 122 shares during the period. Affinity Capital Advisors LLC lifted its stake in iShares 0-5 Year TIPS Bond ETF by 3.2% during the third quarter. Affinity Capital Advisors LLC now owns 3,937 shares of the company’s stock worth $394,000 after purchasing an additional 122 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its holdings in iShares 0-5 Year TIPS Bond ETF by 3.0% during the third quarter. Laurel Wealth Advisors LLC now owns 4,330 shares of the company’s stock valued at $432,000 after purchasing an additional 125 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Down 0.2%

NYSEARCA STIP opened at $100.08 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a 1-year low of $99.56 and a 1-year high of $104.16. The stock’s 50 day moving average is $100.34 and its two-hundred day moving average is $101.98.

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.