Forefront Wealth Partners LLC Purchases New Position in iShares 0-5 Year TIPS Bond ETF $STIP

Forefront Wealth Partners LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 30,420 shares of the company’s stock, valued at approximately $3,144,000.

Several other large investors also recently added to or reduced their stakes in STIP. LGT Financial Advisors LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Chapman Financial Group LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at approximately $26,000. Trust Co. of Vermont purchased a new stake in iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $32,000. Cape Investment Advisory Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock worth $37,000 after buying an additional 353 shares during the last quarter. Finally, Quaker Wealth Management LLC lifted its position in iShares 0-5 Year TIPS Bond ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after buying an additional 840 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.0%

STIP stock opened at $102.44 on Wednesday. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $100.55 and a twelve month high of $103.93. The firm’s fifty day simple moving average is $102.82 and its two-hundred day simple moving average is $103.01.

About iShares 0-5 Year TIPS Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIPFree Report).

Institutional Ownership by Quarter for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

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