Ethos Financial Group LLC Has $13.89 Million Stake in iShares 0-5 Year TIPS Bond ETF $STIP

Ethos Financial Group LLC lifted its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 15.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 135,670 shares of the company’s stock after buying an additional 17,975 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 1.0% of Ethos Financial Group LLC’s portfolio, making the stock its 21st biggest holding. Ethos Financial Group LLC’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $13,891,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Rossmore Private Capital acquired a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the second quarter worth $26,000. Trust Co. of Vermont acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the third quarter worth $32,000. Avalon Trust Co bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $41,000. Finally, Rice Partnership LLC bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the third quarter valued at about $42,000.

iShares 0-5 Year TIPS Bond ETF Stock Performance

STIP stock opened at $103.31 on Friday. iShares 0-5 Year TIPS Bond ETF has a 52 week low of $101.67 and a 52 week high of $103.93. The company’s 50-day simple moving average is $103.12 and its 200 day simple moving average is $102.98.

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.