Baer Investment Advisory LLC Makes New $2.46 Million Investment in iShares 0-5 Year TIPS Bond ETF $STIP

Baer Investment Advisory LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 23,827 shares of the company’s stock, valued at approximately $2,464,000.

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

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $101.23 on Friday. The stock has a 50-day moving average of $102.87 and a 200-day moving average of $102.93. iShares 0-5 Year TIPS Bond ETF has a one year low of $101.11 and a one year high of $104.16.

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.