Ground Swell Capital LLC Takes Position in iShares 0-5 Year TIPS Bond ETF $STIP

Ground Swell Capital LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,378 shares of the company’s stock, valued at approximately $1,693,000. iShares 0-5 Year TIPS Bond ETF makes up about 3.7% of Ground Swell Capital LLC’s holdings, making the stock its 4th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atria Investments Inc raised its stake in iShares 0-5 Year TIPS Bond ETF by 1.8% during the third quarter. Atria Investments Inc now owns 25,377 shares of the company’s stock worth $2,623,000 after acquiring an additional 453 shares in the last quarter. Echo45 Advisors LLC boosted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 5.5% in the 3rd quarter. Echo45 Advisors LLC now owns 40,327 shares of the company’s stock valued at $4,168,000 after purchasing an additional 2,103 shares in the last quarter. Savvy Advisors Inc. grew its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 27.2% in the 3rd quarter. Savvy Advisors Inc. now owns 8,055 shares of the company’s stock worth $833,000 after purchasing an additional 1,722 shares during the last quarter. Cibc World Market Inc. increased its position in shares of iShares 0-5 Year TIPS Bond ETF by 4.2% during the 3rd quarter. Cibc World Market Inc. now owns 52,829 shares of the company’s stock worth $5,460,000 after purchasing an additional 2,151 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in iShares 0-5 Year TIPS Bond ETF by 30.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,633 shares of the company’s stock valued at $996,000 after purchasing an additional 2,244 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Stock Performance

NYSEARCA:STIP opened at $102.99 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12 month low of $101.63 and a 12 month high of $103.93. The company’s 50-day moving average price is $102.58 and its two-hundred day moving average price is $103.00.

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.