Cadent Capital Advisors LLC Acquires New Holdings in iShares 0-5 Year TIPS Bond ETF $STIP

Cadent Capital Advisors LLC bought a new position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 5,486 shares of the company’s stock, valued at approximately $562,000.

Several other hedge funds have also modified their holdings of STIP. Copperleaf Capital LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 3rd quarter valued at $827,000. Carr Financial Group Corp grew its stake in iShares 0-5 Year TIPS Bond ETF by 64.6% during the 3rd quarter. Carr Financial Group Corp now owns 23,947 shares of the company’s stock worth $2,475,000 after buying an additional 9,402 shares during the last quarter. Abacus Planning Group Inc. increased its position in iShares 0-5 Year TIPS Bond ETF by 36.1% during the 3rd quarter. Abacus Planning Group Inc. now owns 469,165 shares of the company’s stock valued at $48,493,000 after buying an additional 124,335 shares in the last quarter. Austin Asset Management Co Inc increased its position in iShares 0-5 Year TIPS Bond ETF by 4.1% during the 3rd quarter. Austin Asset Management Co Inc now owns 287,836 shares of the company’s stock valued at $29,751,000 after buying an additional 11,233 shares in the last quarter. Finally, SCS Capital Management LLC raised its stake in iShares 0-5 Year TIPS Bond ETF by 2.7% in the second quarter. SCS Capital Management LLC now owns 508,917 shares of the company’s stock valued at $52,373,000 after buying an additional 13,149 shares during the last quarter.

iShares 0-5 Year TIPS Bond ETF Price Performance

Shares of NYSEARCA STIP opened at $102.96 on Friday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $101.67 and a fifty-two week high of $103.93. The business has a 50-day simple moving average of $103.02 and a two-hundred day simple moving average of $102.99.

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.