Deane Retirement Strategies Inc. Has $17.36 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Deane Retirement Strategies Inc. boosted its holdings in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 39.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,996 shares of the company’s stock after acquiring an additional 47,498 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for approximately 7.5% of Deane Retirement Strategies Inc.’s holdings, making the stock its 2nd largest position. Deane Retirement Strategies Inc. owned approximately 0.13% of iShares 0-5 Year TIPS Bond ETF worth $17,364,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in STIP. Roundview Capital LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 18.0% during the second quarter. Roundview Capital LLC now owns 18,507 shares of the company’s stock valued at $1,905,000 after buying an additional 2,819 shares during the last quarter. Carr Financial Group Corp increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 64.6% in the 3rd quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock worth $2,475,000 after purchasing an additional 9,402 shares in the last quarter. SCS Capital Management LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock worth $52,373,000 after purchasing an additional 13,149 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter worth $6,278,000. Finally, Nomura Asset Management Co. Ltd. purchased a new position in iShares 0-5 Year TIPS Bond ETF during the second quarter valued at $1,319,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $102.27 on Tuesday. The stock has a 50-day simple moving average of $102.96 and a two-hundred day simple moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 52-week low of $100.29 and a 52-week high of $103.93.

iShares 0-5 Year TIPS Bond ETF 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.