Hanseatic Management Services Inc. Takes $1.39 Million Position in iShares 0-5 Year TIPS Bond ETF $STIP

Hanseatic Management Services Inc. bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,442 shares of the company’s stock, valued at approximately $1,390,000. iShares 0-5 Year TIPS Bond ETF makes up approximately 1.3% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 29th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in iShares 0-5 Year TIPS Bond ETF by 16.0% in the 3rd quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $84,000 after buying an additional 112 shares during the period. BWM Planning LLC lifted its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 2.0% during the 4th quarter. BWM Planning LLC now owns 5,899 shares of the company’s stock worth $604,000 after acquiring an additional 118 shares during the period. United Asset Strategies Inc. boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 1.8% during the 1st quarter. United Asset Strategies Inc. now owns 6,594 shares of the company’s stock valued at $682,000 after acquiring an additional 119 shares in the last quarter. Breakwater Capital Group boosted its position in shares of iShares 0-5 Year TIPS Bond ETF by 0.4% during the 1st quarter. Breakwater Capital Group now owns 28,642 shares of the company’s stock valued at $2,962,000 after acquiring an additional 120 shares in the last quarter. Finally, Running Point Capital Advisors LLC increased its stake in iShares 0-5 Year TIPS Bond ETF by 36.9% in the fourth quarter. Running Point Capital Advisors LLC now owns 449 shares of the company’s stock valued at $46,000 after acquiring an additional 121 shares during the period.

iShares 0-5 Year TIPS Bond ETF Price Performance

NYSEARCA:STIP opened at $101.44 on Friday. iShares 0-5 Year TIPS Bond ETF has a 12-month low of $101.11 and a 12-month high of $104.16. The firm has a 50-day moving average price of $102.37 and a 200 day moving average price of $102.86.

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.