Bluedoor Private Wealth LLC Invests $876,000 in iShares 0-5 Year TIPS Bond ETF $STIP

Bluedoor Private Wealth LLC bought a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,556 shares of the company’s stock, valued at approximately $876,000.

A number of other institutional investors also recently modified their holdings of STIP. Adventist Health System Sunbelt Healthcare Corp purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth about $74,745,000. Bank of America Corp DE raised its stake in iShares 0-5 Year TIPS Bond ETF by 71.1% in the second quarter. Bank of America Corp DE now owns 1,615,034 shares of the company’s stock worth $166,203,000 after buying an additional 671,145 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares 0-5 Year TIPS Bond ETF by 155.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 503,045 shares of the company’s stock worth $51,995,000 after buying an additional 305,961 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 4,062.8% during the fourth quarter. Jane Street Group LLC now owns 301,594 shares of the company’s stock valued at $30,880,000 after purchasing an additional 294,349 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 738,524 shares of the company’s stock valued at $75,618,000 after purchasing an additional 293,986 shares in the last quarter.

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

Shares of NYSEARCA STIP opened at $102.42 on Tuesday. iShares 0-5 Year TIPS Bond ETF has a fifty-two week low of $102.16 and a fifty-two week high of $104.16. The company has a 50 day simple moving average of $103.34 and a two-hundred day simple moving average of $103.02.

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.