DDFG Inc Purchases 5,661 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

DDFG Inc grew its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 3.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 192,015 shares of the company’s stock after purchasing an additional 5,661 shares during the quarter. iShares 0-5 Year TIPS Bond ETF accounts for 4.3% of DDFG Inc’s portfolio, making the stock its 8th largest position. DDFG Inc owned about 0.13% of iShares 0-5 Year TIPS Bond ETF worth $19,860,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Chapman Financial Group LLC acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter worth $27,000. Caldwell Trust Co acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter worth $29,000. Finally, Torren Management LLC purchased a new stake in shares of iShares 0-5 Year TIPS Bond ETF during the fourth quarter valued at $41,000.

iShares 0-5 Year TIPS Bond ETF Price Performance

STIP stock opened at $102.14 on Monday. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.83 and a one year high of $104.16. The firm has a 50-day moving average of $103.08 and a two-hundred day moving average of $102.97.

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.