First PREMIER Bank Buys 134 Shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

First PREMIER Bank lifted its position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,279 shares of the company’s stock after purchasing an additional 134 shares during the period. First PREMIER Bank’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $1,336,000 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. Modera Wealth Management LLC raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 1,811,595 shares of the company’s stock worth $183,551,000 after acquiring an additional 101,437 shares in the last quarter. Ritholtz Wealth Management grew its stake in iShares 0-5 Year TIPS Bond ETF by 3.9% in the fourth quarter. Ritholtz Wealth Management now owns 1,572,147 shares of the company’s stock valued at $158,158,000 after purchasing an additional 59,199 shares during the last quarter. LPL Financial LLC raised its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the third quarter. LPL Financial LLC now owns 1,463,439 shares of the company’s stock worth $148,276,000 after purchasing an additional 201,769 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF by 8.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 898,882 shares of the company’s stock valued at $90,428,000 after buying an additional 68,332 shares during the last quarter. Finally, Wealthcare Capital Management LLC raised its stake in shares of iShares 0-5 Year TIPS Bond ETF by 6.2% during the 4th quarter. Wealthcare Capital Management LLC now owns 773,056 shares of the company’s stock worth $77,769,000 after acquiring an additional 44,924 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $101.04 on Thursday. The company has a 50 day moving average of $100.77 and a two-hundred day moving average of $100.56. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $98.36 and a twelve month high of $101.52.

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.